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Protecting US Shrimpers: Ban on Funding Foreign Shrimp Farms

This act aims to protect the American shrimp industry by prohibiting the use of federal funds to finance foreign shrimp farms. This means taxpayer money will not support foreign competition, which could help maintain jobs and stable shrimp prices in the US.
Key points
Prohibits federal funds from being used to finance foreign shrimp farming, processing, or export activities.
An annual report will assess compliance by US Executive Directors at international financial institutions with instructions to oppose such foreign assistance.
The goal is to support the domestic shrimp industry and protect jobs in the United States.
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Additional Information
Print number: 118_HR_7932
Sponsor: Rep. Nehls, Troy E. [R-TX-22]
Process start date: 2024-04-10