To require the Secretary of the Treasury to instruct the United States Executive Directors at the international financial institutions to advocate for investment in projects that decrease reliance on Russia for agricultural commodities.
No Russian Agriculture Act
This bill requires the Department of the Treasury to instruct U.S. representatives to international financial institutions (e.g., the International Monetary Fund) to vote and advocate for such institutions to (1) support projects that decrease reliance on Russia for agricultural commodities, (2) ensure the resilience of global grain supplies, and (3) stimulate private investment in such projects.
This requirement shall be repealed at the earlier of (1) five years after this bill's enactment, or (2) 30 days after the President reports to Congress that termination of the requirement is important to U.S. national interest.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 49 - 0.
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-327.
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-327.
Placed on the Union Calendar, Calendar No. 266.
Mr. McHenry moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H68-69)
DEBATE - The House proceeded with forty minutes of debate on H.R. 4768.
At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. McHenry objected to the Yea - Nay vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was considered as withdrawn.
Considered as unfinished business. (consideration: CR H125)
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: 1/11/2024 CR H68-69)
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: 1/11/2024 CR H68-69)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line