To ban the provision of Federal funds to the International Monetary Fund unless a joint resolution is enacted that approves a certification by the Attorney General and the Secretary of State that all countries eligible to receive IMF funds are cooperating fully with the congressional and Justice Department investigations into the financing of the 1996 presidential election campaign and have disclosed the identity of all commercial entities in the country that would benefit from the provision of the funds.
IMF Full Cooperation and Accountability for Taxpayers Act - Prohibits any U.S. officer, employee, or agent from providing, directly or indirectly, Federal funds to, or for the benefit of, the International Monetary Fund (IMF) unless the Attorney General and the Secretary of State certify to the Congress, and by joint resolution the Congress has approved such certification, that each country eligible to receive IMF funds: (1) is cooperating fully with the congressional or Justice Department investigation into the financing of the 1996 presidential election campaign; and (2) has disclosed to the Attorney General the identity of any commercial entity within such country that would benefit from the provision of such funds. Requires a report to the Congress 30 days before such certification of all information to be contained in it of which the Attorney General and the Secretary are then aware.
Introduced in House
Introduced in House
Referred to the House Committee on Banking and Financial Services.
Referred to the Subcommittee on Domestic and International Monetary Policy.
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