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H.R.2822 / 106th Congress

To require the opposition of the United States to International Monetary Fund and World Bank loans to Indonesia until the violence resulting from the referendum on the independence of East Timor has been ended.

Referred to the Subcommittee on Domestic and International Monetary Policy.

Official summary

Version 00 · Introduced in House · Sep 9, 1999

Directs the Secretary of the Treasury to instruct the United States Executive Directors at the International Monetary Fund and the World Bank to oppose the provision of any new loan, or extension of any existing loan, and any payment remaining to be made on any existing loan, to the Government of Indonesia, until the President of the United States is satisfied that the violence and human rights violations in East Timor resulting from its referendum on independence have ended.

Read the summary on Congress.gov
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Who introduced it

Rep. Bentsen, Ken [D-TX-25] · D–TX

Committees

  • Financial Services Committee
11 cosponsorship records, including any withdrawals

Actions

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

  2. Referred to the House Committee on Banking and Financial Services.

  3. Sponsor introductory remarks on measure. (CR E1840)

  4. Introduced in House

  5. Introduced in House

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Jan 2, 2025. Consult Congress.gov for the current record.

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Neutral evidence review

Objective

Analyze H.R.2822 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Fairness and public impact

Progressive lens

Examine H.R.2822 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Institutions and government scope

Conservative lens

Examine H.R.2822 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

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Individual rights and government power

Liberty lens

Examine H.R.2822 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

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