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    <introducedDate>2019-12-11</introducedDate>
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        <title>Accountability for World Bank Loans to China Act of 2019</title>
        <congress>116</congress>
        <number>5051</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2019-11-12</actionDate>
          <text>Referred to the House Committee on Financial Services.</text>
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        <text>Read twice and referred to the Committee on Foreign Relations.</text>
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        <fullName>Sen. Grassley, Chuck [R-IA]</fullName>
        <firstName>Charles</firstName>
        <lastName>Grassley</lastName>
        <party>R</party>
        <state>IA</state>
        <middleName>E.</middleName>
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        <fullName>Sen. Cotton, Tom [R-AR]</fullName>
        <firstName>Tom</firstName>
        <lastName>Cotton</lastName>
        <party>R</party>
        <state>AR</state>
        <sponsorshipDate>2019-12-11</sponsorshipDate>
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        <bioguideId>S001217</bioguideId>
        <fullName>Sen. Scott, Rick [R-FL]</fullName>
        <firstName>Rick</firstName>
        <lastName>Scott</lastName>
        <party>R</party>
        <state>FL</state>
        <sponsorshipDate>2020-01-28</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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      <name>International Affairs</name>
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        <item>
          <name>Asia</name>
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        <item>
          <name>China</name>
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        <item>
          <name>Congressional oversight</name>
        </item>
        <item>
          <name>Foreign loans and debt</name>
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        <item>
          <name>International monetary system and foreign exchange</name>
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    <summaries>
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        <actionDate>2019-12-11</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2020-05-01T21:20:09Z</updateDate>
        <text><![CDATA[ <p><b>Accountability for World Bank Loans to China Act of 2019</b></p> <p>This bill directs the U.S. Governor for the International Bank for Reconstruction and Development (IBRD) to instruct U.S. representatives to the IBRD that it is U.S. policy to seek China's graduation from IBRD assistance programs. (The IBRD is the World Bank's primary financing institution for middle-income countries. The World Bank's definition of <em>middle-income country</em> is based on a country's gross national income per capita.)</p> <p>The governor shall report to Congress on U.S. efforts to secure China's graduation from IBRD assistance programs. The Department of the Treasury shall report to Congress on debt transparency and debt management assistance efforts in relation to credit provided by China to other countries, including through China's Belt and Road Initiative. </p>]]></text>
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    </summaries>
    <title>Accountability for World Bank Loans to China Act of 2019</title>
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        <title>Accountability for World Bank Loans to China Act of 2019</title>
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        <title>Accountability for World Bank Loans to China Act of 2019</title>
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      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to increase transparency and accountability with respect to World Bank lending for the People's Republic of China, and for other purposes.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
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        <date>2019-12-11T05:00:00Z</date>
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    <latestAction>
      <actionDate>2019-12-11</actionDate>
      <text>Read twice and referred to the Committee on Foreign Relations.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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