118 HR 7932 IH: Save Our Shrimpers Act U.S. House of Representatives 2024-04-10 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.
I118th CONGRESS2d SessionH. R. 7932IN THE HOUSE OF REPRESENTATIVESApril 10, 2024Mr. Nehls (for himself, Mr. Higgins of Louisiana, Mr. Vicente Gonzalez of Texas, Mr. Graves of Louisiana, Mr. Ezell, Mr. Moore of Alabama, Ms. Mace, Mr. Donalds, Mr. Weber of Texas, Mr. Babin, Mr. Fry, Mrs. Luna, Ms. Letlow, and Mr. Bilirakis) introduced the following bill; which was referred to the Committee on Financial ServicesA BILLTo prohibit Federal funds from being made available to international financial institutions for the purposes of financing foreign shrimp farms, and for other purposes.
1.
Short title
This Act may be cited as the Save Our Shrimpers Act.
2.
Prohibition on making Federal funds available to international financial institutions to finance foreign shrimp farms
The Secretary of the Treasury shall condition any provision of Federal funds to an international financial institution (as defined in section 1701(c)(2) of the International Financial Institutions Act) on the requirement that the funds not be used to finance any activity relating to shrimp farming, shrimp processing, or the export of shrimp in any foreign country.
3.
Annual GAO report on compliance by the United States Executive Directors at certain international financial institutions with instruction to oppose international financial institution assistance for the production or extraction of export commodities or minerals in surplus on world markets
Within 180 days after the date of the enactment of this Act and annually thereafter, the Comptroller General shall investigate, and submit to the Congress a written report on, the extent to which the United States Executive Directors at the institutions specified in section 22 of the Export-Import Bank Act Amendments of 1986 have carried out the instructions described in such section.