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US Policy on Burma in International Financial Institutions

This act states that the United States will oppose loans and financial aid to Burma from international institutions if the funds go to a military-controlled government. The only exception is humanitarian aid that directly reaches those in need, bypassing the military. This aims to support the civilian population and pressure for political change in Burma.
Key points
The U.S. will oppose loans and financial assistance to Burma's military-controlled government from the International Monetary Fund, World Bank Group, and Asian Development Bank.
Humanitarian assistance to Burma is permitted, but must be channeled through agencies not controlled by the Burmese military.
The U.S. President can waive these restrictions in specific cases, such as for delivering humanitarian aid or if it's in the U.S. national interest.
These policies will expire when the Burmese military releases political prisoners, a democratically elected government is in place, and government institutions are under civilian control, or after 10 years.
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Expired
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Additional Information
Print number: 117_HR_6340
Sponsor: Rep. Waters, Maxine [D-CA-43]
Process start date: 2021-12-20
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To establish the United States policy on Burma at the International Monetary Fund, the World Bank Group, and the Asian Development Bank, and for other purposes.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_6340.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-12-20.

What are the main provisions?

Key points include:

  • The U.S. will oppose loans and financial assistance to Burma's military-controlled government from the International Monetary Fund, World Bank Group, and Asian Development Bank.
  • Humanitarian assistance to Burma is permitted, but must be channeled through agencies not controlled by the Burmese military.
  • The U.S. President can waive these restrictions in specific cases, such as for delivering humanitarian aid or if it's in the U.S. national interest.
  • These policies will expire when the Burmese military releases political prisoners, a democratically elected government is in place, and government institutions are under civilian control, or after 10 years.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Waters, Maxine [D-CA-43].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy Security