HR 2313 · 112th Congress 2011–2013, ended

To repeal the authority to provide certain loans to the International Monetary Fund, the increase in the United States quota in that Fund, and certain other authorities, and to rescind related appropriations.

Introduced Jun 23, 2011 Originated House Sponsor Cathy McMorris Rodgers R-WA

Latest action · Jul 19, 2011 Referred to the Subcommittee on International Monetary Policy and Trade.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

IntroducedJun 23, 2011
Passed HouseNot reached
Passed SenateNot reached
To the PresidentNot reached
Became lawNot reached

Summary

Amends the Bretton Woods Agreements Act to repeal authority to: (1) provide certain loans to the International Monetary Fund (IMF), including loans related to the New Arrangements to Borrow (NAB); (2) increase the U.S. quota in the IMF; and (3) approve the sale of IMF gold.

Rescinds related appropriations.

Cosponsors 96

Members who signed on, in the order they did. Signatures ran from Jun 23, 2011 to Sep 28, 2012; 15 are original cosponsors, there from the day it was introduced.

Seat	Cosponsor		Signed on
R-MD	Andy Harris	Original	Jun 23, 2011
R-MO	Billy Long	Original	Jun 23, 2011
R-MT	Denny Rehberg	Original	Jun 23, 2011
R-WA	Doc Hastings	Original	Jun 23, 2011
R-GA	Jack Kingston	Original	Jun 23, 2011
R-UT	Jason Chaffetz	Original	Jun 23, 2011
R-TN	John J. Duncan, Jr.	Original	Jun 23, 2011
R-TN	Marsha Blackburn	Original	Jun 23, 2011
R-ID	Michael K. Simpson	Original	Jun 23, 2011
R-CO	Mike Coffman	Original	Jun 23, 2011
R-TX	Randy Neugebauer	Original	Jun 23, 2011
R-OH	Robert E. Latta	Original	Jun 23, 2011
R-SC	Trey Gowdy	Original	Jun 23, 2011
R-MO	Vicky Hartzler	Original	Jun 23, 2011
R-NC	Walter B. Jones	Original	Jun 23, 2011
R-KS	Lynn Jenkins		Jul 5, 2011
R-NJ	Scott Garrett		Jul 8, 2011
R-TX	Francisco "Quico" Canseco		Jul 13, 2011
R-CA	Daniel E. Lungren		Jul 14, 2011
R-SC	Jeff Duncan		Jul 14, 2011
R-VA	J. Randy Forbes		Jul 15, 2011
R-TX	Bill Flores		Jul 19, 2011
R-FL	Bill Posey		Dec 1, 2011
R-TN	David P. Roe		Dec 1, 2011
R-CO	Doug Lamborn		Dec 1, 2011
R-OK	James Lankford		Dec 1, 2011
R-OH	Jean Schmidt		Dec 1, 2011
R-SC	Joe Wilson		Dec 1, 2011
R-LA	John Fleming		Dec 1, 2011
R-TX	Louie Gohmert		Dec 1, 2011
R-IN	Mike Pence		Dec 1, 2011
R-AL	Mo Brooks		Dec 1, 2011
R-IL	Randy Hultgren		Dec 1, 2011
R-UT	Rob Bishop		Dec 1, 2011
R-KS	Tim Huelskamp		Dec 1, 2011
R-SC	Tim Scott		Dec 1, 2011
R-MI	Tim Walberg		Dec 1, 2011
R-IN	Todd Rokita		Dec 1, 2011
R-OK	Tom Cole		Dec 1, 2011
R-GA	Tom Graves		Dec 1, 2011
R-CA	Tom McClintock		Dec 1, 2011
R-AZ	Trent Franks		Dec 1, 2011
R-GA	Austin Scott		Dec 2, 2011
R-MN	Chip Cravaack		Dec 2, 2011
R-NY	Christopher P. Gibson		Dec 2, 2011
R-CO	Cory Gardner		Dec 2, 2011
R-IN	Dan Burton		Dec 2, 2011
R-CA	Dana Rohrabacher		Dec 2, 2011
R-AK	Don Young		Dec 2, 2011
R-CA	Edward R. Royce		Dec 2, 2011
R-KY	Geoff Davis		Dec 2, 2011
R-PA	Glenn Thompson		Dec 2, 2011
R-IL	Joe Walsh		Dec 2, 2011
R-TX	Kenny Marchant		Dec 2, 2011
R-SC	Mick Mulvaney		Dec 2, 2011
R-IA	Steve King		Dec 2, 2011
R-GA	Tom Price		Dec 2, 2011
R-NC	Virginia Foxx		Dec 2, 2011
R-LA	Bill Cassidy		Dec 8, 2011
R-GA	Lynn A. Westmoreland		Dec 8, 2011
R-IL	Adam Kinzinger		Dec 9, 2011
R-MS	Alan Nunnelee		Dec 9, 2011
R-MI	Bill Huizenga		Dec 9, 2011
R-FL	Connie Mack		Dec 9, 2011
R-WY	Cynthia M. Lummis		Dec 9, 2011
R-WA	David G. Reichert		Dec 9, 2011
R-TN	Diane Black		Dec 9, 2011
R-CA	Duncan Hunter		Dec 9, 2011
R-AR	Eric A. "Rick" Crawford		Dec 9, 2011
R-OH	Jim Jordan		Dec 9, 2011
R-TX	John Abney Culberson		Dec 9, 2011
R-TX	John R. Carter		Dec 9, 2011
R-TX	Kay Granger		Dec 9, 2011
R-IN	Larry Bucshon		Dec 9, 2011
R-IN	Marlin A. Stutzman		Dec 9, 2011
R-TX	Michael C. Burgess		Dec 9, 2011
R-KS	Mike Pompeo		Dec 9, 2011
R-NC	Patrick T. McHenry		Dec 9, 2011
R-TX	Pete Olson		Dec 9, 2011
R-TX	Pete Sessions		Dec 9, 2011
R-NY	Richard L. Hanna		Dec 9, 2011
R-TX	Sam Johnson		Dec 9, 2011
R-TX	Ted Poe		Dec 9, 2011
R-CA	Wally Herger		Dec 12, 2011
R-FL	C. W. Bill Young		Dec 14, 2011
R-NC	Renee L. Ellmers		Dec 14, 2011
R-FL	Vern Buchanan		Dec 14, 2011
R-CA	Elton Gallegly		Dec 15, 2011
R-NH	Frank C. Guinta		Dec 15, 2011
R-FL	Dennis A. Ross		Jan 23, 2012
R-FL	Daniel Webster		Feb 1, 2012
R-PA	Tim Murphy		Feb 28, 2012
R-TX	Jeb Hensarling		Mar 19, 2012
R-IA	Tom Latham		Mar 29, 2012
I-MI	Justin Amash		Sep 19, 2012
R-KS	Kevin Yoder		Sep 28, 2012

Committees 2

Where it was sent and what each committee and subcommittee did with it, in order.

Chamber	Committee	What it did
House	Financial Services Committee	Referred Jun 23, 2011
	Financial Institutions and Monetary Policy Subcommittee	Referred Jul 19, 2011
House	Appropriations Committee	Referred Jun 23, 2011

Actions 3

Everything that happened, newest first.

Jul 19, 2011Referred to the Subcommittee on International Monetary Policy and Trade.
Jun 23, 2011Introduced in House
Jun 23, 2011Referred to the Committee on Financial Services, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

In the Congressional Record 1

Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.

Where	In the Record	Members	Date
House	Debate and remarks H8742	Vern Buchanan R-FL	Dec 13, 2011

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: This bill is enacted pursuant to Congress' legislative powers under Article I, Section 9, that no money shall be drawn from the Treasury but in consequence of Appropriations made by Law, and a regular Statement and Account of the Receipts and Expenditures of all public Money shall be made from time to time.

The sponsor’s statement, as printed in the page H4528.

CRS reports 3

Congressional Research Service work that CRS links to this bill or the law it became, newest first.

Cite it 3

Products on other subjects that cite it, usually among other measures.

Product	Title	Kind	Published
R42844	IMF Reforms: Issues for Congress Archived	Report	Apr 9, 2015
R42377	The Eurozone Crisis: Overview and Issues for Congress Archived	Report	Mar 25, 2013
R41167	Greece’s Debt Crisis: Overview, Policy Responses, and Implications Archived	Report	Aug 18, 2011

Related bills 2

Companion bills and other measures the record links to this one.

Bill	Title	Relationship	Latest action
S 1276	A bill to repeal the authority to provide certain loans to the International Monetary Fund, the increase in the United States quota to the Fund, and certain other related authorities, to rescind related appropriated amounts, and for other purposes.	Related bill	Jun 27, 2011
S 1975	No More IMF Bailouts Act	Related bill	Dec 8, 2011

Titles 1

Every title it has carried, official and short, at each stage.

Official Title as Introduced: To repeal the authority to provide certain loans to the International Monetary Fund, the increase in the United States quota in that Fund, and certain other authorities, and to rescind related appropriations.

Subjects

Assigned by the Library of Congress. Policy area: Foreign Trade and International Finance.

Text 1

Each version as it was printed, newest first.

Jun 23, 2011Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.