S.3383: A bill to temporarily prohibit the United States loans to the International Monetary Fund to be used to provide financing for any member state of the European Union, and for other purposes.

About This Bill

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Bill Summary

Amends the Bretton Woods Agreements Act to: (1) prohibit U.S. loans to the International Monetary Fund (IMF) for assistance to any European Union (EU) member state until the ratio of the total outstanding public debt of each member state to its gross domestic product (as of the end of the most recent fiscal year of the member state ending in the preceding calendar year) is not more than 60%; and (2) direct the Secretary of the Treasury to...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Foreign Relations.
May 18, 2010

Introduced in the Senate by Jim DeMint (R-S.C.)

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