PlainBillCongress, translated.Legislation. Context. Public interest.Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Congressional Research Service
Version 07 · Reported to House · Sep 8, 2025
No New Burma Funds Act
This bill requires the U.S. Executive Director at the International Bank for Reconstruction and Development (IBRD) to advocate and vote for a continued pause on IBRD disbursements and new financing commitments to Burma unless the Department of the Treasury determines this is not in the national interest.
The IBRD is one of the two major lending facilities of the World Bank and provides loans, guarantees, risk management products, and advisory services to middle-income countries and some creditworthy low-income countries. The World Bank paused disbursements and new financing to Burma after a 2021 military coup in that country.
People & committees
Rep. Williams, Nikema [D-GA-5] · D–GA
Legislative record
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Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 385 - 0 (Roll no. 307). (text: CR H4945)
House roll call 307 · Individual votesPassed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 385 - 0 (Roll no. 307). (text: CR H4945)
House roll call 307 · Individual votesConsidered as unfinished business. (text: CR H4954-4955)
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
DEBATE - The House proceeded with forty minutes of debate on H.R. 4423.
Considered under suspension of the rules. (consideration: CR H4945-4947)
Mr. Davidson moved to suspend the rules and pass the bill, as amended.
Placed on the Union Calendar, Calendar No. 202.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-245.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-245.
Ordered to be Reported (Amended) by the Yeas and Nays: 54 - 0.
Committee Consideration and Mark-up Session Held
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Jul 18, 2026. Consult Congress.gov for the current record.
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Analyze H.R.4423 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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