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No Dollars for Dictators Act of 2023

USA118th CongressS-3057| Senate 
| Updated: 10/17/2023
John Kennedy

John Kennedy

Republican Senator

Louisiana

Cosponsors (7)
Rick Scott (Republican)Mike Braun (Republican)Roger Marshall (Republican)Deb Fischer (Republican)Bill Hagerty (Republican)John Barrasso (Republican)Chuck Grassley (Republican)

Foreign Relations Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
No Dollars for Dictators Act of 2023 This bill imposes additional restrictions on the U.S. government's authority to vote on Special Drawing Rights (SDR) allocations at the International Monetary Fund (IMF). (The SDR is an international reserve asset maintained by the IMF based on contributions from IMF member countries. SDRs may be exchanged between member countries and may also be exchanged for currencies.) Specifically, U.S. representatives to the IMF may not vote for SDR allocations to a country if the President finds that the country's government has (1) committed genocide in the last 10 years, or (2) repeatedly supported international terrorism.
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Timeline

Bill from Previous Congress

S 117-2109
No Dollars for Dictators Act of 2021
Oct 17, 2023
Introduced in Senate
Oct 17, 2023
Read twice and referred to the Committee on Foreign Relations.
  • Bill from Previous Congress

    S 117-2109
    No Dollars for Dictators Act of 2021


  • October 17, 2023
    Introduced in Senate


  • October 17, 2023
    Read twice and referred to the Committee on Foreign Relations.

International Affairs

Related Bills

  • S 117-2109: No Dollars for Dictators Act of 2021

No Dollars for Dictators Act of 2023

USA118th CongressS-3057| Senate 
| Updated: 10/17/2023
No Dollars for Dictators Act of 2023 This bill imposes additional restrictions on the U.S. government's authority to vote on Special Drawing Rights (SDR) allocations at the International Monetary Fund (IMF). (The SDR is an international reserve asset maintained by the IMF based on contributions from IMF member countries. SDRs may be exchanged between member countries and may also be exchanged for currencies.) Specifically, U.S. representatives to the IMF may not vote for SDR allocations to a country if the President finds that the country's government has (1) committed genocide in the last 10 years, or (2) repeatedly supported international terrorism.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 117-2109
No Dollars for Dictators Act of 2021
Oct 17, 2023
Introduced in Senate
Oct 17, 2023
Read twice and referred to the Committee on Foreign Relations.
  • Bill from Previous Congress

    S 117-2109
    No Dollars for Dictators Act of 2021


  • October 17, 2023
    Introduced in Senate


  • October 17, 2023
    Read twice and referred to the Committee on Foreign Relations.
John Kennedy

John Kennedy

Republican Senator

Louisiana

Cosponsors (7)
Rick Scott (Republican)Mike Braun (Republican)Roger Marshall (Republican)Deb Fischer (Republican)Bill Hagerty (Republican)John Barrasso (Republican)Chuck Grassley (Republican)

Foreign Relations Committee

International Affairs

Related Bills

  • S 117-2109: No Dollars for Dictators Act of 2021
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted