119-hr462

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 462 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 462

 To prevent allocations of Special Drawing Rights at the International 
Monetary Fund for countries that are perpetrators of genocide or state 
 sponsors of terrorism, and to prevent United States tax dollars from 
 directly going to the Taliban or other terrorists or terrorist-
 harboring nations.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 January 15, 2025

 Mr. Steube introduced the following bill; which was referred to the 
 Committee on Financial Services, and in addition to the Committee on 
 Foreign Affairs, for a period to be subsequently determined by the 
 Speaker, in each case for consideration of such provisions as fall 
 within the jurisdiction of the committee concerned

_______________________________________________________________________

 A BILL

 To prevent allocations of Special Drawing Rights at the International 
Monetary Fund for countries that are perpetrators of genocide or state 
 sponsors of terrorism, and to prevent United States tax dollars from 
 directly going to the Taliban or other terrorists or terrorist-
 harboring nations.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``No Support for Terror Act''.

SEC. 2. PREVENTING ALLOCATIONS OF SPECIAL DRAWING RIGHTS AT THE 
 INTERNATIONAL MONETARY FUND FOR COUNTRIES THAT ARE 
 PERPETRATORS OF GENOCIDE OR STATE SPONSORS OF TERRORISM.

 The Bretton Woods Agreements Act (22 U.S.C. 286 et seq.) is amended 
by adding at the end the following:

``

SEC. 75. PREVENTING ALLOCATIONS OF SPECIAL DRAWING RIGHTS FOR 
 COUNTRIES THAT ARE PERPETRATORS OF GENOCIDE OR STATE 
 SPONSORS OF TERRORISM.

 ``The Secretary of the Treasury shall instruct the United States 
Executive Director at the Fund to use the voice and vote of the United 
States to--
 ``

    (1) oppose the allocation of Special Drawing Rights to 
 any country that is a perpetrator of genocide or a state 
 sponsor of terrorism, as determined by the Secretary of State; 
 and
 ``

    (2) advocate that the Fund adopt a rule prohibiting such 
 an allocation.''.

SEC. 3. PREVENTING UNITED STATES TAX DOLLARS FROM BEING PROVIDED TO THE 
 TALIBAN OR OTHER TERRORIST ORGANIZATIONS OR COUNTRIES 
 THAT HARBOR TERRORIST ORGANIZATIONS.

    (a) Review.--

    (1) In general.--The Secretary of the Treasury, the 
 Secretary of State, and the Administrator of the United States 
 Agency for International Development shall jointly conduct a 
 review of assistance provided to nongovernmental organizations 
 and international organizations to ensure such assistance is 
 not being further provided to the Taliban or other terrorist 
 organizations or countries that harbor terrorist organizations 
 in accordance with United States anti-terrorism financing laws.

    (2) Report.--Not later than 90 days after the date of the 
 enactment of this Act, the Secretary of the Treasury, the 
 Secretary of State, and the Administrator of the United States 
 Agency for International Development shall jointly submit to 
 Congress a report that contains the results of the review 
 conducted under paragraph

    (1) .

    (b) Recipient Requirements.--Not later than 180 days after the date 
of the enactment of this Act, the Secretary of the Treasury, the 
Secretary of State, and the Administrator of the United States Agency 
for International Development shall each require prime awardees of 
assistance to provide evidence that all sub-awardees of such assistance 
are complying with United States anti-terrorism financing laws.
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