H.R.3785: To amend the Bretton Woods Agreements Act to direct the Secretary of the Treasury to instruct the United States Director of the International Monetary Fund to present to the Fund's Executive Board a proposal to amend the Fund's bylaws to eliminate the Fund's policy of providing de facto tax-free salaries to certain Fund employees.

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about taxation
  • Introduced April 30, 1998
  • Latest Major Action May 18, 1998

Bill Summary

Amends the Bretton Woods Agreements Act to direct the Secretary of the Treasury to instruct the U.S. Executive Director of the International Monetary Fund (IMF) to present to the IMF's Executive Board, and work for the adoption of, a proposal to amend the IMF's bylaws to disallow it from issuing a tax allowance to the Governors, the Executive Directors, their alternates, the Managing Director, or any other IMF employee.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Banking and Financial Services.
Referred to the Subcommittee on Domestic and International Monetary Policy.
April 30, 1998

Introduced in the House by Edward Royce (R-Calif.)

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