Save Our Shrimpers Act
Latest action · Apr 10, 2024 Referred to the House Committee on Financial Services.
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.
- IntroducedApr 10, 2024
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Save Our Shrimpers Act
This bill prohibits federal funds from being made available to international financial institutions (e.g., the International Monetary Fund) for financing activities related to foreign shrimp farms. The bill also requires an annual report on compliance by U.S. leadership of international financial institutions with policies to oppose financing for certain commodities or minerals.
Specifically, the bill requires the Department of the Treasury to condition any provision of federal funds to an international financial institution on the requirement that the funds not be used to finance any activity related to shrimp farming, shrimp processing, or the export of shrimp in any foreign country.
Under current law, Treasury must instruct U.S. leadership of international financial institutions to oppose providing financial assistance for the production or extraction of any commodity or mineral for export if (1) the commodity or mineral is in surplus on world markets, and (2) the export of such commodity or mineral will cause substantial injury to U.S. producers of a competing commodity or mineral (or of the same or a similar commodity or mineral). This bill requires the Government Accountability Office to investigate and annually report to Congress on the extent to which U.S. leadership at these institutions have carried out Treasury's instructions.
Cosponsors 23
Members who signed on, in the order they did. Signatures ran from Apr 10, 2024 to Aug 2, 2024; 13 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-FL | Anna Paulina Luna | Original | Apr 10, 2024 |
| R-AL | Barry Moore | Original | Apr 10, 2024 |
| R-TX | Brian Babin | Original | Apr 10, 2024 |
| R-FL | Byron Donalds | Original | Apr 10, 2024 |
| R-LA | Clay Higgins | Original | Apr 10, 2024 |
| R-LA | Garret Graves | Original | Apr 10, 2024 |
| R-FL | Gus M. Bilirakis | Original | Apr 10, 2024 |
| R-LA | Julia Letlow | Original | Apr 10, 2024 |
| R-MS | Mike Ezell | Original | Apr 10, 2024 |
| R-SC | Nancy Mace | Original | Apr 10, 2024 |
| R-TX | Randy K. Weber, Sr. | Original | Apr 10, 2024 |
| R-SC | Russell Fry | Original | Apr 10, 2024 |
| D-TX | Vicente Gonzalez | Original | Apr 10, 2024 |
| R-NC | David Rouzer | Apr 17, 2024 | |
| R-TX | Michael Cloud | Apr 17, 2024 | |
| R-FL | Bill Posey | Apr 26, 2024 | |
| R-NC | Gregory F. Murphy | Apr 26, 2024 | |
| R-AL | Jerry L. Carl | May 7, 2024 | |
| R-FL | John H. Rutherford | Jun 4, 2024 | |
| R-WI | Derrick Van Orden | Jun 11, 2024 | |
| R-GA | Earl L. "Buddy" Carter | Jun 11, 2024 | |
| R-MO | Blaine Luetkemeyer | Jun 25, 2024 | |
| D-LA | Troy A. Carter | Aug 2, 2024 |
Committees 1
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 Apr 10, 2024 |
Actions 2
Everything that happened, newest first.
- Apr 10, 2024Introduced in House
- Apr 10, 2024Referred to the House Committee on Financial Services.
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
The sponsor’s statement, as printed in the Congressional Record, vol. 170, no. 61, April 10, 2024, page H2290.
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To prohibit Federal funds from being made available to international financial institutions for the purposes of financing foreign shrimp farms, and for other purposes.
- Short Title(s) as Introduced
- Save Our Shrimpers Act
Subjects
Assigned by the Library of Congress. Policy area: Foreign Trade and International Finance.
Text 1
Each version as it was printed, newest first.
- Apr 10, 2024Introduced in House
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.
