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No financial aid for genocide perpetrators and state sponsors of terrorism.

This act aims to prevent the United States from voting to allocate Special Drawing Rights (SDRs) from the International Monetary Fund to countries that have committed genocide in the last 10 years or are designated as state sponsors of terrorism. This means that U.S. taxpayer money cannot be used to support regimes that violate human rights or promote terrorism, unless Congress explicitly authorizes it. The goal is to increase accountability in international spending.
Key points
The act blocks IMF financial support for countries involved in genocide or sponsoring terrorism.
Decisions on aid to such countries will require U.S. Congressional approval, increasing public oversight.
This aims to protect public funds from being used by regimes violating international norms.
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Introduced
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Additional Information
Print number: 119_S_1153
Sponsor: Sen. Kennedy, John [R-LA]
Process start date: 2025-03-26