No Support for Terror Act has not moved since its introduction on Jan 15, 2025, with no cosponsors
Written by the Congressional Research Service [2]. 163 words.
No Support for Terror Act This bill establishes measures to prevent the allocation or use of certain funds to support genocide or terrorism. Specifically, the bill requires the Department of the Treasury to instruct the U.S. Executive Director at the International Monetary Fund (IMF) to oppose the allocation of Special Drawing Rights to any country that is a perpetrator of genocide or a state sponsor of terrorism and to advocate that the IMF adopt a rule prohibiting such an allocation. (Special Drawing Rights are international reserve assets created by the IMF to supplement member countries' official foreign exchange reserves.) Further, the bill requires Treasury, the Department of State, and the U.S. Agency for International Development to jointly review and report on assistance provided to nongovernmental organizations and international organization to ensure such assistance is not being provided to the Taliban or other terrorist organizations. Each prime awardee of this assistance must provide evidence that all subawardees are complying with U.S. anti-terrorism financing laws.
- Committees
- House Financial Services Committee
House Foreign Affairs Committee - Policy area
- Foreign Trade and International Finance: 15 of 908 bills became law, 113th–118th (1.7%)
- Sponsor
- 2 of 250 bills enacted since 2013
- Text versions
- 1: introduced in house · 356 words
- Subjects
- Congressional oversightInternational monetary system and foreign exchangeInternational organizations and cooperationTerrorismWar crimes, genocide, crimes against humanity
- Latest action
- Jan 15, 2025: 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.
- Records
- Congress.gov · Bill text
The bill status record lists no related bills.