HR 1764

Aligning SEC Regulations for the World Bank’s International Development Association Act

Summary

Aligning SEC Regulations for the World Bank's International Development Association Act This bill exempts from securities regulations any securities issued by the International Development Association (IDA) of the World Bank. The association provides loans and grants to developing countries. The Securities and Exchange Commission may suspend this exemption at any time. The bill does not apply if, before the bill's date of enactment, the Department of the Treasury reports that IDA is providing financial support to a country whose government has repeatedly provided support for acts of international terrorism, as determined by the Department of State. 

Bill status

Status
Passed House
Sponsor
Rep. Maxine Waters [D-CA-43]
Cosponsors
0
Policy area
Finance and Financial Sector
Introduced
2025-03-03
Latest action
2025-07-22: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Committee referrals

Recent actions

  • 2025-07-22: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2025-07-21: Motion to reconsider laid on the table Agreed to without objection.
  • 2025-07-21: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3513)
  • 2025-07-21: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3513)
  • 2025-07-21: DEBATE - The House proceeded with forty minutes of debate on H.R. 1764.