Bills
H.R.6899

H.R.6899: Russia and Belarus SDR Exchange Prohibition Act of 2022

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About This Bill

This bill was introduced in the 117th Congress
This bill is primarily about finance and financial sector
Introduced March 2, 2022
Latest Major Action Oct. 4, 2022

Bill Sponsor

French Hill (R-Ark.)

Bill Cosponsors

13 (2 Democrats, 11 Republicans)

Bill Versions

Reported to Senate - July 21, 2022
Referred in Senate - May 12, 2022
Engrossed in House - May 11, 2022
Reported in House - May 10, 2022
Introduced in House - March 2, 2022

Bill Summary

Russia and Belarus SDR Exchange Prohibition Act of 2022 This act prohibits the Department of the Treasury from engaging in any transaction involving the exchange of Special Drawing Rights (SDRs) held by Russia or Belarus and requires Treasury to take actions to oppose financial assistance to Russia or Belarus. The SDR is an international reserve asset maintained by the International Monetary Fund (IMF) based on contributions from IMF member...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 6 statements associated with H.R.6899.

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Bill Actions

Date	Description
Sept. 28, 2022	Presented to President.
Sept. 22, 2022	Message on Senate action sent to the House.
Sept. 21, 2022	Passed the Senate Passed Senate without amendment by Unanimous Consent.
Sept. 21, 2022	Passed the Senate Passed Senate without amendment by Unanimous Consent. (consideration: CR S4940)
July 21, 2022	Placed on Senate Legislative Calendar under General Orders. Calendar No. 452.
July 21, 2022	Committee on Foreign Relations. Reported by Senator Menendez without amendment. Without written report.
July 19, 2022	Committee on Foreign Relations. Ordered to be reported without amendment favorably.
May 12, 2022	Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
May 11, 2022	On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 2 (Roll no. 162).
May 11, 2022	Considered as unfinished business.
May 11, 2022	Motion to reconsider laid on the table Agreed to without objection.
May 11, 2022	On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 2 (Roll no. 162). (text: 05/10/2022 CR H4754)
May 11, 2022	Considered as unfinished business. (consideration: CR H4840-4841)
May 10, 2022	Considered under suspension of the rules. (consideration: CR H4754-4755; text: CR H4754)
May 10, 2022	Considered under suspension of the rules.
May 10, 2022	Considered under suspension of the rules. (consideration: CR H4754-4755)
May 10, 2022	At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
May 10, 2022	DEBATE - The House proceeded with forty minutes of debate on H.R. 6899.
May 10, 2022	Mr. Garcia (IL) moved to suspend the rules and pass the bill, as amended.
May 10, 2022	Placed on the Union Calendar, Calendar No. 236.
May 10, 2022	Reported (Amended) by the Committee on Financial Services. H. Rept. 117-316.
March 17, 2022	Ordered to be Reported in the Nature of a Substitute by Voice Vote.
March 17, 2022	Committee Consideration and Mark-up Session Held.
March 2, 2022	Referred to the House Committee on Financial Services.
March 2, 2022	Introduced in the House by French Hill (R-Ark.)

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