S. 4863 · Where this bill is now
In committee
Introduced in the Senate, Jun 23, 2026
What this bill does
In plain words · AI-written from the official summaryLimits international funding for shrimp industry projects
This bill would tell the Department of the Treasury to instruct U.S. leaders at international financial institutions like the International Monetary Fund and the World Bank to oppose giving money for shrimp farming, shrimp processing, or shrimp exports in other countries. The Treasury Secretary could waive this rule for specific projects if they think it's in the national interest, and they'd have to tell Congress when they do. The requirement would expire seven years after the bill becomes law.
How it affects you
This would mainly affect U.S. shrimp producers and fishing communities, who could face less international competition from shrimp raised abroad. Most everyday Americans wouldn't directly feel the impact, though it could potentially affect shrimp prices or availability at seafood counters, depending on how it's carried out.
Read the official summary (Introduced in Senate, Jun 23, 2026)
Save Our Shrimpers Act
This bill requires the Department of the Treasury to instruct U.S. leadership of international financial institutions (e.g., the International Monetary Fund and the World Bank) to oppose providing financial assistance for any project to support shrimp farming, shrimp processing, or the export of shrimp in a borrowing country.
Treasury may waive this requirement with respect to a project upon notifying Congress that the waiver is in the national interest of the United States.
The requirement expires seven years after the enactment of this bill.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
2nd SessionS. 4863
A BILL
Save Our Shrimpers Act
Sponsor: Sen. Ted Cruz (R-TX) · Introduced Jun 23, 2026 · Foreign Trade and International Finance · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Jun 23, 2026: “Read twice and referred to the Committee on Foreign Relations.”