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HR4423Passed House

No New Burma Funds Act

Share:
Introduced
In Committee
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-07-15
Introduced
3
Cosponsors
HR
ⓘ
Type

Sponsor

Nikema Williams
Nikema Williams
Democrat · GA · Representative
Votes with party: 97.6% (585 recorded votes)

Full profile: /officials/W000788

Source: Congress.gov · FEC

Cosponsors (3)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

  • Young Kim (R-CA-40)Original· 2025-07-15
  • Monica De La Cruz (R-TX-15)· 2025-07-25
  • Timothy M. Kennedy (D-NY-26)· 2025-08-19

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

2025-12-02

Source: Congress.gov

Committee Activity

Currently in

  • Senate Committee on Foreign RelationsReferred To · 2025-12-02
  • House Committee on Financial ServicesReported By · 2025-09-08

Previously

  • House Committee on Financial ServicesMarkup By · 2025-07-22
  • House Committee on Financial ServicesReferred To · 2025-07-15

Plain-English 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.

Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.

Subjects

International Affairs
Full bill text is not yet cached locally.
Open text viewRead on Congress.gov

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