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119th Congress

H.R. 1764

Aligning SEC Regulations for the World Bank’s International Development Association Act

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor
Maxine Waters(D-CA)
Introduced
Mar 3, 2025
Policy area
Finance and Financial Sector
Committees
House Committee on Financial Services; Senate Committee on Banking, Housing, and Urban Affairs
Official text
Referred in Senate · Congress.gov page

Cosponsors (0)

No cosponsors.

Summary

Summary by the Congressional Research Service· describes the “Introduced in House” version

Aligning SEC Regulations for the World Bank's International Development Association Act This bill exempts from securities regulations any securities issued by the International Development Association (IDA) of the World Bank. The association provides loans and grants to developing countries. The Securities and Exchange Commission may suspend this exemption at any time. The bill does not apply if, before the bill's date of enactment, the Department of the Treasury reports that IDA is providing financial support to a country whose government has repeatedly provided support for acts of international terrorism, as determined by the Department of State.

Roll-call votes

No recorded votes on this bill.

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