H.R.6796: Stop Very Unscrupulous Loan Transfers from Underprivileged countries to Rich, Exploitive Funds Act

About This Bill

Bill Summary

Stop Very Unscrupulous Loan Transfers from Underprivileged Countries to Rich, Exploitive Funds Act or the Stop VULTURE Funds Act - Prohibits: (1) any U.S. person from engaging in sovereign debt profiteering, or any person engaging in sovereign debt profiteering in the United States; and (2) any U.S. court from issuing a summons, subpoena, writ, judgment, attachment, or execution in aid of a claim which would further sovereign debt...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on the Judiciary, and in addition to the Committee on Financial Services, 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 House Judiciary
Referred to House Financial Services
Aug. 1, 2008

Introduced in the House by Maxine Waters (D-Calif.)

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