No New Burma Funds Act

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The No New Burma Funds Act: A Bill to Continue the Pause on Disbursements

Introduced by Ms. WILLIAMS of Georgia (for herself and Mrs. K IM) in the 119th Congress, this bill aims to continue the pause on disbursements and new financing commitments to the Government of Burma.

H. R. 4423
To continue the pause on disbursements and new financing commitments to the Government of Burma.

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 New Burma Funds’ Act’’.

SECTION 2. CONTINUATION OF PAUSE ON WORLD BANK DISBURSEMENTS AND COMMITMENTS TO BURMA

The Secretary of the Treasury shall direct the United States Executive Director at the International Bank for Reconstruction and Development to use the voice and vote of the United States to continue the pause by the Bank on disbursements and the making of new financing commitments to the Government of Burma, which was initiated after a military coup overthrew the democratically elected Government of Burma in 2021, unless the Secretary of the Treasury determines that it is not in the public interest to do so.

Direct Link:
H.R. 4423 IH