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Limiting Funds for International Bank for Reconstruction and Development

This bill proposes that the United States will not provide any financial contributions to the International Bank for Reconstruction and Development for fiscal year 2024. This means taxpayer money will not be allocated to support this international financial institution, which could impact global development projects but does not directly alter citizens' daily duties or rights.
Key points
No US contributions to the International Bank for Reconstruction and Development in 2024.
Taxpayer money will not be used to support this institution.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_2359
Sponsor: Rep. Biggs, Andy [R-AZ-5]
Process start date: 2023-03-29
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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 provide for a limitation on availability of funds for Contribution to the International Bank for Reconstruction and Development for fiscal year 2024.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_2359.

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 2023-03-29.

What are the main provisions?

Key points include:

  • No US contributions to the International Bank for Reconstruction and Development in 2024.
  • Taxpayer money will not be used to support this institution.
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. Biggs, Andy [R-AZ-5].

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 2025-12-24.

CATEGORIES

Economy Public Investments