HR 2071

Save Our Shrimpers Act

Summary

Save Our Shrimpers Act This bill prohibits federal funds from being made available to international financial institutions (e.g., the International Monetary Fund) for financing activities related to foreign shrimp farms. The bill also requires an annual report on compliance by U.S. leadership of international financial institutions with policies to oppose financing for certain commodities or minerals. Specifically, the bill requires the Department of the Treasury to condition any provision of federal funds to an international financial institution on the requirement that the funds not be used to finance any activity related to shrimp farming, shrimp processing, or the export of shrimp in any foreign country. Under current law, Treasury must instruct U.S. leadership of international financial institutions to oppose providing financial assistance for the production or extraction of any commodity or mineral for export if (1) the commodity or mineral is in surplus on world markets, and (2) the export of such commodity or mineral will cause substantial injury to U.S. producers of a competing commodity or mineral (or of the same or a similar commodity or mineral). This bill requires the Government Accountability Office to investigate and annually report to Congress on the extent to which U.S. leadership at these institutions have carried out Treasury's instructions.

Bill status

Status
Passed House
Sponsor
Rep. Troy E. Nehls [R-TX-22]
Cosponsors
20
Policy area
Foreign Trade and International Finance
Introduced
2025-03-11
Latest action
2026-05-13: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

Committee referrals

Recent actions

  • 2026-05-13: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
  • 2026-05-12: The title of the measure was amended. Agreed to without objection.
  • 2026-05-12: Motion to reconsider laid on the table Agreed to without objection.
  • 2026-05-12: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 391 - 18, 1 Present (Roll no. 156). (text: CR H3352)
  • 2026-05-12: Passed/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): 391 - 18, 1 Present (Roll no. 156). (text: CR H3352)

Votes