,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #ehhh  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,febru>y #ac1         
#bjbj,mr4 ,hill ( ,arkansas introduc$ ! 
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,f9ancial ,s]vices  ,a    
,,bill  ,to increase effectiv5ess 9 !   
pursuit ( ,unit$ ,/ates int]e/s &       
multilat]al coop]ation at ! int]national
 f9ancial in/itutions1 & = o!r purposes4
  #a4 ,pilot au?ority to waive voice &  
vote requirem5ts1 on a case-by-case     
basis1 9 ! int]national f9ancial        
in/itutions  7a7 ,9 g5]al ,! ,secret>y  
may waive1 on a case-by-case basis1 a   
/atutory requirem5t t directs ! ,unit$  
,/ates ,executive ,director at an       
int]national f9ancial in/itution )      
respect to ! use ( ! voice & vote ( !   
,unit$ ,/ates4  7b7 ,def9itions ,9 ?is  
section3 7#a7 ,int]national f9ancial    
in/itution ,! t]m int]national f9ancial 
in/itution has ! mean+ giv5 ! t]m 9     
section #agja7;c77#b7 ( ! ,int]national 
,f9ancial ,in/itutions ,act4  7#b7      

,secret>y ,! t]m ,secret>y means !      
,secret>y ( ! ,treasury4  7c7 ,report   
describ$ ,)9 #cj days aft] issu+ a waiv]
 "u subsection 7a71 ! ,secret>y %all    
submit to ! ,committee on ,f9ancial     
,s]vices ( ! ,h\se ( ,repres5tatives & !
 ,committee on ,=eign ,relations ( !    
,s5ate a writt5 report t includes !     
foll[+3 7#a7 ,a description ( any       
project1 policy1 or o!r matt] to :i* !  
waiv] w\ld apply4  7#b7 ,an explanation 
( ! reasons = ! waiv]4  7#c7 ,a         
c]tification t-- 7,a7 ! ,unit$ ,/ates   
,executive ,director cont9ues to promote
 ! objectives ( ! requirem5t at !       
int]national f9ancial in/itution2  7,b7 
! waiv] does n und]m9e ! ability ( !    
,unit$ ,/ates to promote ! objectives2 &
  7,c7 ! waiv] all[s = ! ,unit$ ,/ates  
to m effectively advance multilat]al    
coop]ation at ! int]national f9ancial   
in/itution4  7d7 ,no retroactive        
application ,a waiv] "u ?is section %all
 n apply retroactively4  7e7            
,recomm5dations by ! ,secret>y ,)9 #ab  

mon?s aft] ! date ( ! enactm5t ( ?is    
,act1 ! ,secret>y %all submit to !      
committees specifi$ 9 subsection 7c7 any
 recomm5dations to revise or sunset a   
/atutory requirem5t t directs ! ,unit$  
,/ates ,executive ,director at an       
int]national f9ancial in/itution )      
respect to ! use ( ! voice & vote ( !   
,unit$ ,/ates4 ,! recomm5dations %\ld be
 aim$ at a*iev+ ! foll[+ objectives )   
reg>d to ! int]national f9ancial        
in/itution3 7#a7 ,/r5g!n+ ,unit$ ,/ates 
lead]%ip 9 ! design1 execution1 &       
evaluation ( activities4  7#b7          
,facilitat+ multilat]al coop]ation1     
p>ticul>ly betwe5 ! ,unit$ ,/ates & its 
allies4  7#c7 ,updat+ a requirem5t to   
appropriately reflect *ang+ conditions4 
7#d7 ,p]mitt+ ! ,unit$ ,/ates ,executive
 ,director to m effectively support     
policies1 projects1 & o!r initiatives t 
advance ! national int]e/ ( ! ,unit$    
,/ates4  7#e7 ,all[+ = all appropriate  
acc\ntability to ! ,congress ) respect  
to ,unit$ ,/ates gov]nance &            

p>ticipation4  7f7 ,sunset ,! prec$+    
provisions ( ?is section %all h no =ce  
or effect on & aft] ! date t is #b ye>s 
aft] ! date ( ! enactm5t ( ?is ,act4