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    <number>557</number>
    <updateDate>2025-05-27T14:12:00Z</updateDate>
    <updateDateIncludingText>2025-05-27T14:12:00Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2023-01-26</introducedDate>
    <congress>118</congress>
    <cdata>
      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 169, Number 17 (Thursday, January 26, 2023)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. HILL:H.R. 557.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the United States Constitution.The single subject of this legislation is:International Financial Institutions.[Page H429]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
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            <name>Referred To</name>
            <date>2023-01-26T15:02:50Z</date>
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        <actionDate>2023-01-26</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <text>Introduced in House</text>
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    <sponsors>
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        <bioguideId>H001072</bioguideId>
        <fullName>Rep. Hill, J. French [R-AR-2]</fullName>
        <firstName>J.</firstName>
        <lastName>Hill</lastName>
        <party>R</party>
        <state>AR</state>
        <middleName>French</middleName>
        <district>2</district>
        <isByRequest>N</isByRequest>
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    <policyArea>
      <name>International Affairs</name>
    </policyArea>
    <subjects>
      <legislativeSubjects/>
      <policyArea>
        <name>International Affairs</name>
        <updateDate>2023-02-14T14:30:35Z</updateDate>
      </policyArea>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2023-01-26</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2023-05-30T16:32:56Z</updateDate>
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          <text>&lt;p&gt;&lt;b&gt;International Financial Institutions Governance Act of 2023&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill temporarily authorizes the Department of the Treasury to waive, on a case-by-case basis, statutory requirements that govern the U.S. Executive Directors at international financial institutions with respect to their use of the voice and vote of the United States.&lt;/p&gt; &lt;p&gt;Treasury must periodically issue a report that (1) lists each waiver issued since the previous report, if any; (2) describes the project or policy that each waiver applied to; (3) provides a detailed explanation of the reasons for each waiver; and (4) includes a determination that each waiver allowed Treasury to more effectively advance U.S. interests at the institution involved. &lt;/p&gt; &lt;p&gt;Treasury must review existing statutory requirements and submit any recommendations to revise or sunset the requirements with the objectives of strengthening U.S. leadership, facilitating multilateral cooperation, reflecting changing conditions, and advancing the U.S. national interest.&lt;/p&gt;</text>
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    <title>International Financial Institutions Governance Act of 2023</title>
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        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>International Financial Institutions Governance Act of 2023</title>
        <updateDate>2024-07-24T15:23:59Z</updateDate>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>International Financial Institutions Governance Act of 2023</title>
        <updateDate>2024-05-24T13:42:49Z</updateDate>
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      <item>
        <titleType>Official Title as Introduced</titleType>
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        <title>To promote United States interests at the international financial institutions, and for other purposes.</title>
        <updateDate>2024-03-18T20:14:37Z</updateDate>
        <billTextVersionName>Introduced in House</billTextVersionName>
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        <type>Introduced in House</type>
        <date>2023-01-26T05:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-118hr557ih/xml/BILLS-118hr557ih.xml</url>
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    <latestAction>
      <actionDate>2023-01-26</actionDate>
      <text>Referred to the House Committee on Financial Services.</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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