3.0.0 3383 2023-01-11T13:19:59Z 2023-01-11T13:19:59Z Senate S S 2010-05-18 111 ssfr00 Foreign Relations Committee Senate Standing Referred to 2010-05-18T18:37:21Z 111 5299 HR 2010-05-13 Referred to the House Committee on Financial Services. Related bill CRS 2010-05-18 ssfr00 Foreign Relations Committee Senate Read twice and referred to the Committee on Foreign Relations. IntroReferral 2010-05-18 Introduced in Senate IntroReferral 10000 9 Library of Congress D000595 Sen. DeMint, Jim [R-SC] James DeMint R SC W. N Foreign Trade and International Finance Budget deficits and national debt Europe European Union Foreign loans and debt International monetary system and foreign exchange International organizations and cooperation Foreign Trade and International Finance

00 2010-05-18 Introduced in Senate 2010-06-04T15:44:21Z Amends the Bretton Woods Agreements Act to: (1) prohibit U.S. loans to the International Monetary Fund (IMF) for assistance to any European Union (EU) member state until the ratio of the total outstanding public debt of each member state to its gross domestic product (as of the end of the most recent fiscal year of the member state ending in the preceding calendar year) is not more than 60%; and (2) direct the Secretary of the Treasury to instruct the U.S. Executive Director of the IMF to use the voice and vote of the United States to oppose any IMF loans to member states until all member states are in compliance with such debt ratio.

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Display Title Official Title as Introduced Introduced in Senate IS Introduced in Senate 2010-05-18T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s3383is/xml/BILLS-111s3383is.xml 2010-05-18 Read twice and referred to the Committee on Foreign Relations. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.