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.
Congressional Research Service
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.
Referred to the Subcommittee on the Western Hemisphere.
Referred to the Subcommittee on Terrorism, Nonproliferation, and Trade.
Referred to the Subcommittee on International Monetary Policy and Trade.
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.
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.
Introduced in House
Introduced in House
Primary sources
Bill text & related measures
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Source last updated: Jan 23, 2025. Consult Congress.gov for the current record.
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