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H.R.1630 / 107th Congress

IMF Transparency and Efficiency Enforcement Act of 2001

Referred to the Subcommittee on International Monetary Policy and Trade.

Official summary

Version 00 · Introduced in House · Apr 26, 2001

IMF Transparency and Efficiency Enforcement Act of 2001 - Amends the Bretton Woods Agreements Act to limit the Secretary of the Treasury's authority to make loans to the International Monetary Fund (IMF) by providing that such loans can only be made within one year after the Secretary and the Chairman of the Board of Governors of the Federal Reserve System have jointly certified to specified congressional committees that the Fund has implemented certain transparency and efficiency policies with respect to its operations. States that if, in each of the preceding four years, such certification has been made and a joint resolution approving it has not been enacted into law at any time during such four year period, then such loans may not be made within one year after the certification unless, during such year, a joint resolution approving it is so enacted.

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Who introduced it

Rep. Saxton, Jim [R-NJ-3] · R–NJ

Committees

  • Financial Services Committee
2 cosponsorship records, including any withdrawals

Actions

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  1. Referred to the Subcommittee on International Monetary Policy and Trade.

  2. Referred to the House Committee on Financial Services.

  3. Introduced in House

  4. Introduced in House

Bill text & related measures

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Related bills identified by Congress.gov

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Source last updated: Aug 19, 2025. Consult Congress.gov for the current record.

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