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Bill
Notes

H.R. 2071 — what changed

Save Our Shrimpers Act

From Introduced in House to Reported in House. 1 section amended and 1 removed between Introduced in House and Reported in House.

Sec. 2 Voice and vote requirement

(a)
added In general— The Secretary of the Treasury shall instruct the United States Executive Director at each international financial institution (as defined in section 1701(c)(2) of the International Financial Institutions Act) to use the voice and vote of the United States to oppose any financial assistance by such institution for any project to support shrimp farming, shrimp processing, or the export of shrimp in a borrowing country.
(b)
added Waiver authority— The Secretary of the Treasury may waive subsection (a) with respect to a project upon notifying the Congress that the waiver is in the national interest of the United States.
(c)
added Expiration— Subsection (a) shall have no force or effect after the end of the 7-year period beginning on the date of enactment of this Act.

removed 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.

Sec. 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

removed

removed 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.