HR 3242 · 105th Congress · Foreign Trade and International Finance
IMF Full Cooperation and Accountability for Taxpayers Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Domestic and International Monetary Policy.(1998-02-27)
Plain Language Summary
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IMF Full Cooperation and Accountability for Taxpayers Act - Prohibits any U.S. officer, employee, or agent from providing, directly or indirectly, Federal funds to, or for the benefit of, the International Monetary Fund (IMF) unless the Attorney General and the Secretary of State certify to the Congress, and by joint resolution the Congress has approved such certification, that each country eligible to receive IMF funds: (1) is cooperating fully with the congressional or Justice Department investigation into the financing of the 1996 presidential election campaign; and (2) has disclosed to the Attorney General the identity of any commercial entity within such country that would benefit from the provision of such funds. Requires a report to the Congress 30 days before such certification of all information to be contained in it of which the Attorney General and the Secretary are then aware.…
Summarized by Claude AI · Non-partisan · For informational purposes only