Senate Bill 2587
117th Congress(2021-2022)
A bill to oppose the provision of assistance to the People's Republic of China by the multilateral development banks.
Introduced
Introduced in Senate on Aug 3, 2021
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2587
Congress
117
Policy Area
International Affairs
International Affairs
Primary focus of measure is matters affecting foreign aid, human rights, international law and organizations; national governance; arms control; diplomacy and foreign officials; alliances and collective security. Measures concerning trade agreements, tariffs, foreign investments, and foreign loans may fall under Foreign Trade and International Finance policy area.
No Senate votes have been held for this bill.
Summary
This bill requires the Department of the Treasury to instruct the U.S. executive directors at certain multilateral development banks, such as the Asian Development Bank, to oppose providing a loan, financial assistance, or technical assistance to China. The executive directors must also advocate and vote to end lending and assistance to a country that has exceeded certain income thresholds.
August 3, 2021
Sort by most recent
08/03/2021
Read twice and referred to the Committee on Foreign Relations.
08/03/2021
Introduced in Senate
Public Record
Record Updated
Jan 1, 2023 8:17:50 PM