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- S.1222
S.1222: A bill to prevent the creation of an international bailout fund within the International Monetary Fund, and for other purposes.
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about international affairs
- Introduced Sept. 7, 1995
- Latest Major Action Sept. 7, 1995
Bill Sponsor
Bill Summary
Amends the Bretton Woods Agreements Act to prohibit the authorization of appropriations for any increase in the U.S. subscription of capital stock in the International Bank for Reconstruction and Development (Bank) for use directly or indirectly for the establishment of an emergency financing mechanism (fund) under the control of the International Monetary Fund (IMF) or the Bank (particularly to help bailout banks of member nations). Directs...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Foreign Relations.
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| Sept. 7, 1995 |
Introduced in the Senate by Lauch Faircloth (R-N.C.) |