,i #aae? ,,congress #a/ ,session ,h4 ,r4 #aegc ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,m>* #af1 #bjag,mr4 ,huiz5ga introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices ,a ,,bill ,to oppose ,int]national ,monet>y ,fund p>ticipation 9 =eign-l$ agreem5ts1 r$uce moral haz>d1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,,imf ,re=m & ,integrity ,act4 #b4 ,opposition ( ! ,unit$ ,/ates to f9ancial p>ticipation by ! ,int]national ,monet>y ,fund 9 =eign-l$ agreem5ts ,! ,bretton ,woods ,agreem5ts ,act 7#bb ,u4,s4,c4 #bhf-bhfxx7 is am5d$ by add+ at ! end ! foll[+3 #gc4 ,opposition ( ! ,unit$ ,/ates to f9ancial p>ticipation by ! ,int]national ,monet>y ,fund 9 =eign-l$ agreem5ts ,! ,secret>y ( ! ,treasury %all in/ruct-- 7#a7 ! ,unit$ ,/ates ,executive ,director at ! ,fund-- 7,a7 to use ! voice & vote ( ! ,unit$ ,/ates to oppose ! provision by ! ,fund ( f9anc+1 includ+ ! disbursem5t ( f9anc+ approv$ be=e ! enactm5t ( ?is section1 9 conjunction ) f9anc+ to be provid$ by a multilat]al organization ( :i* ! ,unit$ ,/ates is n a memb] if-- 7i7 ! pres5t value ( ! f9anc+ to be provid$ by ! multilat]al organization w\ld exce$ ! pres5t value ( ! f9anc+ to be provid$ by ! ,fund2 or 7ii7 ! obligation ( ! debtor ) respect to ! f9anc+ provid$ by ! ,fund is n explicitly made s5ior to ! obligation ( ! debtor ) respect to ! f9anc+ provid$ by ! multilat]al organization2 & 7,b7 n lat] ?an #g days aft] ! approval by ! ,fund ( any f9anc+ to :i* p>agraph 7#a7 applies1 to transmit a c]tification to ! ,committees on ,f9ancial ,s]vices & ,=eign ,affairs ( ! ,h\se ( ,repres5tatives & ! ,committees on ,bank+1 ,h\s+1 & ,urban ,affairs & ,=eign ,relations ( ! ,s5ate t ! obligation ( ! debtor ) respect to ! f9anc+ provid$ by ! ,fund has be5 explicitly made s5ior to ! obligation ( ! debtor ) respect to ! f9anc+ provid$ by ! multilat]al organization2 & 7#b7 ! ,unit$ ,/ates ,gov]nor ( ! ,fund to use ! voice & vote ( ! ,unit$ ,/ates to oppose any proposal to make additional res\rces available to ! ,fund 9 ! aggregate1 or increase ! quota ( any memb] ( ! ,fund :o is a memb] ( a multilat]al organization ( :i* ! ,unit$ ,/ates is n a memb]1 if1 dur+ ! #bd mon?s be=e consid]ation ( ! proposal by ! ,bo>d ( ,gov]nors ( ! ,fund-- 7,a7 ! ,fund has approv$ ! provision (1 or disburs$1 f9anc+ 9 conjunction ) f9anc+ provid$ or to be provid$ by ! multilat]al organization1 z describ$ 9 p>agraph 7#a72 or 7,b7 an obligation to ! ,fund result+ f su* an approval or disbursem5t has n be5 repaid 9 full4 4 #c4 ,repeal ( ! ,new ,arrangem5ts to ,borr[2 rescission ( funds 7a7 ,repeal 7#a7 ,9 g5]al ,section #ag ( ! ,bretton ,woods ,agreem5ts ,act 7#bb ,u4,s4,c4 #bhf;e-#b7 is am5d$-- 7,a7 by /rik+ subsections 7a71 7b71 7d71 & 7f72 & 7,b7 9 subsection 7c7-- 7i7 by /rik+ 7c72 & 7ii7 by /rik+ ,9 addition to ! am\nt au?oriz$ 9 subsection 7b71 !re & ins]t+ ,!re4 7#b7 ,con=m+ repeal ,section #ijja ( ! ,dep>tm5t ( ,/ate1 ,=eign ,op]ations1 & ,relat$ ,programs ,appropriations ,act1 #bjaf 7#bb ,u4,s4,c4 #bhf;e-#b note2 division ,k ( ,public ,law #aad-aac7 is am5d$ by /rik+ p>agraph 7#c74 7b7 ,rescission ,! unobligat$ balances made available to c>ry out subsections 7a7 & 7b7 ( section #ag ( ! ,bretton ,woods ,agreem5ts ,act1 z 9 effect be=e ! enactm5t ( ?is ,act1 are resc9d$4 #d4 ,opposition ( ! ,unit$ ,/ates to ,int]national ,monet>y ,fund loan to a c\ntry ^: public debt is n likely to be su/a9able 9 ! m$ium t]m ,section #fh7;a7 ( ! ,bretton ,woods ,agreem5ts ,act 7#bb ,u4,s4,c4 #bhftt7a77 is am5d$-- 7#a7 9 p>agraph 7#b71 by ins]t+ aft] ! comma ! foll[+3 or a /aff analytical report ( ! ,fund /ates t !re is n a high probability t ! public debt ( ! c\ntry is su/a9able 9 ! m$ium t]m12 & 7#b7 by add+ at ! end ! foll[+3 7#c7 ,presid5tial waiv] au?ority ,! ,presid5t ( ! ,unit$ ,/ates may waive p>agraph 7#b7 if ! ,presid5t provides a writt5 c]tification to ! ,committees on ,f9ancial ,s]vices & ,=eign ,affairs ( ! ,h\se ( ,repres5tatives & ! ,committees on ,=eign ,relations & ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate t ! waiv] is important to ! national security int]e/ ( ! ,unit$ ,/ates1 & includes ) ! c]tification a writt5 /atem5t ( ! reasons !re=4 4 #e4 ,congressional notification ) respect to exceptional access l5d+ ,! ,bretton ,woods ,agreem5ts ,act 7#bb ,u4,s4,c4 #bhf-bhfxx71 z am5d$ by section #b ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+3 #gd4 ,congressional notification ) respect to exceptional access l5d+ ,! ,unit$ ,/ates ,executive ,director at ! ,int]national ,monet>y ,fund may n support any proposal t w\ld alt] ! crit]ia us$ by ! ,fund = exceptional access l5d+ if ! proposal w\ld p]mit a c\ntry t is ineligible1 be=e ! propos$ alt]ation1 to receive exceptional access l5d+1 unless1 n lat] ?an #cj days be=e consid]ation ( ! proposal by ! ,bo>d ( ,executive ,directors ( ! ,fund1 ! ,secret>y ( ! ,treasury has submitt$ to ! ,committee on ,f9ancial ,s]vices & ! ,committee on ,=eign ,affairs ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs & ! ,committee on ,=eign ,relations ( ! ,s5ate a report on ! ju/ification = ! proposal & ! effects ( ! propos$ alt]ation on moral haz>d & repaym5t risk at ! ,fund4 4 #f4 ,monitor+ & te*nical assi/ance ,no?+ 9 ?is ,act %all be int]pret$ z requir+ ! opposition ( ! ,unit$ ,/ates to ! provision ( monitor+1 te*nical assi/ance1 or advisory s]vices by ! ,int]national ,monet>y ,fund4