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- S.4079
S.4079: Russia and Belarus SDR Exchange Prohibition Act of 2022
About This Bill
- Introduced April 25, 2022
- Latest Major Action April 25, 2022
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - April 25, 2022
Bill Summary
Russia and Belarus SDR Exchange Prohibition Act of 2022 This bill prohibits the Department of the Treasury from engaging in any transaction involving the exchange of Special Drawing Rights (SDRs) held by Russia or Belarus. The SDR is an international reserve asset maintained by the International Monetary Fund (IMF) based on contributions from IMF member countries. SDRs may be exchanged between member countries and may also be exchanged for...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| April 25, 2022 |
Read twice and referred to the Committee on Foreign Relations.
|
| April 25, 2022 |
Introduced in the Senate by Rick Scott (R-Fla.) |