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    <number>4423</number>
    <updateDate>2026-02-04T04:26:30Z</updateDate>
    <updateDateIncludingText>2026-02-04T04:26:30Z</updateDateIncludingText>
    <originChamber>House</originChamber>
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    <type>HR</type>
    <introducedDate>2025-07-15</introducedDate>
    <congress>119</congress>
    <legislationUrl>https://www.congress.gov/bill/119th-congress/house-bill/4423</legislationUrl>
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      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 171, Number 121 (Tuesday, July 15, 2025)][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 Ms. WILLIAMS of Georgia:H.R. 4423.Congress has the power to enact this legislation pursuantto the following:Article I Section 8 of the United States Constitution.[Page H3316]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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        <citation>H. Rept. 119-245</citation>
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        <title>International Financial Institution Improvements Act of 2025</title>
        <congress>119</congress>
        <number>3224</number>
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        <latestAction>
          <actionDate>2025-05-06</actionDate>
          <text>Referred to the House Committee on Financial Services.</text>
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        <actionDate>2025-12-01</actionDate>
        <actionTime>19:05:23</actionTime>
        <text>Motion to reconsider laid on the table Agreed to without objection.</text>
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        <actionDate>2025-12-01</actionDate>
        <actionTime>19:05:22</actionTime>
        <text>On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 385 - 0 (Roll no. 307). (text: CR H4945)</text>
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        <text>Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 385 - 0 (Roll no. 307). (text: CR H4945)</text>
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        <actionDate>2025-12-01</actionDate>
        <actionTime>18:58:19</actionTime>
        <text>Considered as unfinished business. (text: CR H4954-4955)</text>
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        <actionTime>18:05:24</actionTime>
        <text>At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.</text>
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        <actionDate>2025-12-01</actionDate>
        <actionTime>17:56:17</actionTime>
        <text>DEBATE - The House proceeded with forty minutes of debate on H.R. 4423.</text>
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        <text>Considered under suspension of the rules. (consideration: CR H4945-4947)</text>
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        <text>Mr. Davidson moved to suspend the rules and pass the bill, as amended.</text>
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        <actionDate>2025-09-08</actionDate>
        <text>Placed on the Union Calendar, Calendar No. 202.</text>
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        <text>Reported (Amended) by the Committee on Financial Services. H. Rept. 119-245.</text>
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        <text>Ordered to be Reported (Amended) by the Yeas and Nays: 54 - 0.</text>
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        <text>Committee Consideration and Mark-up Session Held</text>
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        <actionDate>2025-07-15</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <bioguideId>W000788</bioguideId>
        <fullName>Rep. Williams, Nikema [D-GA-5]</fullName>
        <firstName>Nikema</firstName>
        <lastName>Williams</lastName>
        <party>D</party>
        <state>GA</state>
        <district>5</district>
        <isByRequest>N</isByRequest>
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    <cosponsors>
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        <bioguideId>K000397</bioguideId>
        <fullName>Rep. Kim, Young [R-CA-40]</fullName>
        <firstName>Young</firstName>
        <lastName>Kim</lastName>
        <party>R</party>
        <state>CA</state>
        <district>40</district>
        <sponsorshipDate>2025-07-15</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>D000594</bioguideId>
        <fullName>Rep. De La Cruz, Monica [R-TX-15]</fullName>
        <firstName>Monica</firstName>
        <lastName>De La Cruz</lastName>
        <party>R</party>
        <state>TX</state>
        <district>15</district>
        <sponsorshipDate>2025-07-25</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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      <item>
        <bioguideId>K000402</bioguideId>
        <fullName>Rep. Kennedy, Timothy M. [D-NY-26]</fullName>
        <firstName>Timothy</firstName>
        <lastName>Kennedy</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>M.</middleName>
        <district>26</district>
        <sponsorshipDate>2025-08-19</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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      <item>
        <pubDate>2025-11-20T17:43:00Z</pubDate>
        <title>H.R. 4423, No New Burma Funds Act</title>
        <url>https://www.cbo.gov/publication/61900</url>
        <description>As reported by the House Committee on Financial Services on September 8, 2025</description>
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      <name>International Affairs</name>
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          <name>Asia</name>
          <updateDate>2025-08-20T17:09:55Z</updateDate>
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          <name>Burma</name>
          <updateDate>2025-08-20T17:09:50Z</updateDate>
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          <name>Foreign aid and international relief</name>
          <updateDate>2025-08-20T17:10:01Z</updateDate>
        </item>
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          <name>Multilateral development programs</name>
          <updateDate>2025-08-20T17:10:56Z</updateDate>
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          <updateDate>2025-08-20T17:10:09Z</updateDate>
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        <name>International Affairs</name>
        <updateDate>2025-07-29T22:16:01Z</updateDate>
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      <summary>
        <versionCode>07</versionCode>
        <actionDate>2025-09-08</actionDate>
        <actionDesc>Reported to House</actionDesc>
        <updateDate>2025-11-25T16:30:45Z</updateDate>
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          <text>&lt;p&gt;&lt;strong&gt;No New Burma Funds Act&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;This bill requires the U.S. Executive Director at the International Bank for Reconstruction and Development (IBRD) to advocate and vote for a continued pause on IBRD disbursements and new financing commitments to Burma unless the Department of the Treasury determines this is not in the national interest.&lt;/p&gt;&lt;p&gt;The IBRD is one of the two major lending facilities of the World Bank and provides loans, guarantees, risk management products, and advisory services to middle-income countries and some creditworthy low-income countries. The World Bank paused disbursements and new financing to Burma after a 2021 military coup in that country.&lt;/p&gt;</text>
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    <title>No New Burma Funds Act</title>
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        <titleTypeCode>259</titleTypeCode>
        <title>To continue the pause on disbursements and new financing commitments to the Government of Burma.</title>
        <updateDate>2025-12-03T04:38:19Z</updateDate>
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        <titleType>Short Title(s) as Introduced</titleType>
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        <title>To continue the pause on disbursements and new financing commitments to the Government of Burma.</title>
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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>
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