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Global COVID-19 Pandemic Response: Financial Aid for Countries

This act aims to strengthen the global response to the COVID-19 pandemic by providing financial support to countries in need. Citizens may indirectly benefit from global economic and health stability, which can impact international security and stability. These actions are intended to mitigate the pandemic's effects worldwide, potentially contributing to a faster return to normalcy in the long run.
Key points
Suspension of debt payments and relaxation of fiscal targets for pandemic-affected countries to focus on COVID-19 response.
Opposition to measures that would decrease healthcare spending in needy countries, ensuring resources for virus combat.
Transfer of a portion of Special Drawing Rights (SDRs) by the U.S. to low-income countries to aid their pandemic fight.
Advocating for the extension of the debt service moratorium for the world's poorest countries until the end of 2021.
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Expired
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Additional Information
Print number: 117_HR_986
Sponsor: Rep. Garcia, Jesus G. "Chuy" [D-IL-4]
Process start date: 2021-02-11
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Robust International Response to Pandemic Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_986.

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 2021-02-11.

What are the main provisions?

Key points include:

  • Suspension of debt payments and relaxation of fiscal targets for pandemic-affected countries to focus on COVID-19 response.
  • Opposition to measures that would decrease healthcare spending in needy countries, ensuring resources for virus combat.
  • Transfer of a portion of Special Drawing Rights (SDRs) by the U.S. to low-income countries to aid their pandemic fight.
  • Advocating for the extension of the debt service moratorium for the world's poorest countries until the end of 2021.
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. Garcia, Jesus G. "Chuy" [D-IL-4].

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 2026-01-02.

CATEGORIES

Economy Health Public Investments