HR 4423
No New Burma Funds Act
Summary
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.
Bill status
- Status
- Passed House
- Sponsor
- Rep. Nikema Williams [D-GA-5]
- Cosponsors
- 3
- Policy area
- International Affairs
- Introduced
- 2025-07-15
- Latest action
- 2025-12-02: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Committee referrals
Recent actions
- 2025-12-02: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
- 2025-12-01: Motion to reconsider laid on the table Agreed to without objection.
- 2025-12-01: 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)
- 2025-12-01: 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): 385 - 0 (Roll no. 307). (text: CR H4945)
- 2025-12-01: Considered as unfinished business. (text: CR H4954-4955)