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H.R. 3224IntroducedHouse · nowSenatePresidentLawIn committee
Sec. 222 · H.R. 3224

Urging the World Bank to eliminate harmful labor indicators from its Business Ready Report

Title II — Multilateral development banks

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The Secretary of the Treasury shall direct the United States Executive Director at the International Bank for Reconstruction and Development to use the voice, vote, and influence of the United States to strongly urge the Bank to eliminate the indicators with respect to the Minimum Wage Rate, which is a labor indicator that penalizes countries for having high minimum wages, and the Financial Burden on Firms, which is a labor indicator that penalizes countries with higher corporate taxes, from the Business Ready Report of the Bank.

Sec. 222: Urging the World Bank to eliminate harmful labor indicators from its Business Ready Report · Public Law Tracker