H.R. 3224 · Where this bill is now
In committee
Introduced in the House, sent to the Committee on Financial Services, May 6, 2025
119th Congress
1st SessionH. R. 3224
1st SessionH. R. 3224
A BILL
International Financial Institution Improvements Act of 2025
In the HouseNo vote yet
Sponsor: Rep. Maxine Waters (D-CA-43) · Introduced May 6, 2025 · International Affairs · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action May 6, 2025: “Referred to the House Committee on Financial Services.”
Sections
Title I — International financial institutions · 4
- Sec. 101Improvement of transparency in host nationsNo change
- Sec. 102Collaboration with civil society organizationsNo change
- Sec. 103United States leadership in debt forgivenessNo change
- Sec. 104Prohibition on withdrawal, or withholding of appropriated funds, from international financial institution without congressional consentNo change
Title II — Multilateral development banks · 23
- Sec. 201Amendment of the Articles of Agreement of the International Bank for Reconstruction and DevelopmentNo change
- Sec. 202Aligning regulations for International Development Association securitiesNo change
- Sec. 203United States coordination with the International Bank for Reconstruction and Development on human rightsNo change
- Sec. 204Timeliness of project preparation and execution by the International Bank for Reconstruction and Development and the International Development AssociationNo change
- Sec. 205Protections for human rights, including LGBTQ+ personsNo change
- Sec. 206IDA private sector lending windowNo change
- Sec. 207World Bank support for Haiti developmentNo change
- Sec. 208World Bank feasibility study on a consortium bank in the Caribbean regionNo change
- Sec. 209Treasury report on accountability of the International Finance Corporation regarding Bridge AcademiesNo change
- Sec. 210Shipping transparency risk mitigationNo change
- Sec. 211World Bank support for efforts to deny safe havens for stolen assetsNo change
- Sec. 212Continuation of pause on World Bank disbursements and commitments to BurmaNo change
- Sec. 213Digital public infrastructure safeguards for international financial institutions projects and financingNo change
- Sec. 214Independent accountability mechanismsNo change
- Sec. 215Sexual exploitation and assault preventionNo change
- Sec. 216Publication of loan agreementsNo change
- Sec. 217Enhancing transparency to combat corruptionNo change
- Sec. 218Adoption of anti-reprisal standardsNo change
- Sec. 219Reporting on human rights abuses in for-profit healthcare investmentsNo change
- Sec. 220Combatting climate changeNo change
- Sec. 221United States advocacy for investment in projects that decrease reliance on Russia for agricultural commoditiesNo change
- Sec. 222Urging the World Bank to eliminate harmful labor indicators from its Business Ready ReportNo change
- Sec. 223Database of direct assistance to countriesNo change
Title III — International Monetary Fund · 8
- Sec. 301United States advocacy of debt suspension by International Monetary Fund for low-income and small countries that experience a climate-related disasterNo change
- Sec. 302Loan conditionalityNo change
- Sec. 303Anti-corruption measures in lending agreementsNo change
- Sec. 304Fifth Deputy Managing DirectorNo change
- Sec. 305Resilience and Sustainability Trust financingNo change
- Sec. 306Quota increaseNo change
- Sec. 307New Arrangements to BorrowNo change
- Sec. 308Annual report on surchargesNo change