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No Funds for Asian Development Fund in 2024

This bill aims to halt all US budget contributions to the Asian Development Fund for fiscal year 2024. This means no taxpayer money will be allocated to support this fund in the upcoming year. The direct impact on the daily lives of US citizens is minimal, but it may affect international financial policy.
Key points
The bill blocks any financial contributions from the US to the Asian Development Fund for 2024.
This decision means taxpayer money will not support this international fund.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_2361
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 Asian Development Fund 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_2361.

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:

  • The bill blocks any financial contributions from the US to the Asian Development Fund for 2024.
  • This decision means taxpayer money will not support this international fund.
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