No New Burma Funds Act
Sponsor

Full profile: /officials/W000788
Source: Congress.gov · FEC
Cosponsors (3)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
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.
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