S 3036 · 119th Congress · International Affairs

Chinese Communist Party SDR Exchange Prohibition Act of 2025

Introduced 2025-10-23· Sponsored by Sen. Scott, Rick [R-FL]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Foreign Relations.(2025-10-23)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 3036 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 3036 To prohibit the Secretary of the Treasury from engaging in transactions involving the exchange of Special Drawing Rights issued by the International Monetary Fund that are held by the Chinese Communist Party. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES October 23, 2025 Mr. Scott of Florida introduced the following bill; which was read twice and referred to the Committee on Foreign Relations _______________________________________________________________________ A BILL To prohibit the Secretary of the Treasury from engaging in transactions involving the exchange of Special Drawing Rights issued by the International Monetary Fund that are held by the Chinese Communist Party. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Chinese Communist Party SDR Exchange Prohibition Act of 2025''. SEC. 2. PROHIBITION ON EXCHANGE OF SPECIAL DRAWING RIGHTS H…

Summarized by Claude AI · Non-partisan · For informational purposes only