Annual report on surcharges

(a) In general The Secretary of the Treasury shall submit to the Committee on Financial Services of the House of Representatives and the Committee on Foreign Relations of the Senate an annual report on— (1) the surcharges imposed by the International Monetary Fund on member countries of the Fund; and (2) whether the surcharges harm the ability of the member countries to pay loans provided by the Fund. (b) Sunset Subsection (a) shall have no force or effect 1 year after the date that the Secretary determines that the International Monetary Fund has eliminated the imposition of surcharges with respect to loans provided by the Fund.