Referred to the Subcommittee on International Development, Finance, Trade and Monetary Policy.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Mar 8, 1993
Taxpayer Protection Act - Prohibits Federal agencies from making a loan to, or guaranteeing the repayment of credit for, a foreign country if: (1) the country is in default or arrears in the payment to the United States of principal or interest on a loan; or (2) the United States has been obligated to make reimbursing payments to a commercial creditor under a credit guarantee issued on behalf of the country and the country has not repaid the United States the total amount of payments made under such guarantee.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 26, 2025. Consult Congress.gov for the current record.
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