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.
[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.
<all>
Introduced in House
Introduced in House
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.
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.
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