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H.Res.586 / 112th Congress

Expressing the concern of Congress regarding the Argentine Republic's willful and repeated disregard for the rule of law in the United States.

Referred to the Subcommittee on the Western Hemisphere.

Official summary

Version 00 · Introduced in House · Mar 16, 2012

Declares that: (1) Argentina's refusal to honor U.S. court and arbitral award judgments threatens the economic well-being of the United States and undermines court integrity and efficacy, and (2) Argentina should honor its obligations to U.S. investors.

Declares that the United States should: (1) work with International Monetary Fund (IMF) member states to restrict Argentina's access to IMF benefits until Argentina has complied with its obligations, and (2) oppose further loans to Argentina by the World Bank and the Inter-American Development Bank and encourage other countries to do the same.

Declares that Argentina's behavior is not befitting a member of The Group of Twenty Finance Ministers and Central Bank Governors (G-20) and that the United States should work with other G-20 members to re-evaluate Argentina's G-20 membership.

Read the summary on Congress.gov
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Who introduced it

Rep. Manzullo, Donald A. [R-IL-16] · R–IL

Committees

  • Foreign Affairs Committee
  • Financial Services Committee
0 cosponsorship records, including any withdrawals

    Actions

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    1. Referred to the Subcommittee on the Western Hemisphere.

    2. Referred to the Subcommittee on Terrorism, Nonproliferation, and Trade.

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

    4. Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    5. Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    6. Introduced in House

    7. Introduced in House

    Bill text & related measures

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    Related bills identified by Congress.gov

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    Source last updated: Jan 23, 2025. Consult Congress.gov for the current record.

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    Objective

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