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substantiveOct 26, 2021 · House roll call · passage · Result: Passed

On Motion to Suspend the Rules and Pass — H R 4111 — Sovereign Debt Contract Capacity Act

Sovereign Debt Contract Capacity Act

In plain language

  • House bill in the 117th Congress.
  • Requires the Department of the Treasury to instruct the U.S. Executive Director at the International Monetary Fund.
  • House passed it on Oct 26, 2021 (substantive).
Official summary (Congressional Research Service)

Sovereign Debt Contract Capacity Act This bill requires the Department of the Treasury to instruct the U.S. Executive Director at the International Monetary Fund to advocate for the fund to promote international standards and best practices with respect to sovereign debt contracts and to provide technical assistance to fund members. Such assistance should focus on lower middle-income countries in order to enhance their capacity to evaluate the legal and financial terms of sovereign debt contracts with private sector creditors.

View this measure on congress.gov

Roll-call breakdown

Yea391

Democrat: 216 · Republican: 175

Nay29

Republican: 29

Present0

Not Voting11

Democrat: 3 · Republican: 8

How each member voted (431)

Yea (391)

Nay (29)

Not Voting (11)

Party labels reflect each member’s most recent affiliation on record.