,,ii  #aafth ,,congress  #b;d ,session  
,s4 #daci  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,july #a1      
#bjbj,mr4 ,durbin 7for himself1 ,mr4    
,sanders1 ,mr4 ,reed1 ,mr4 ,cardin1 and 
,mr4 ,merkley7 introduced the following 
bill2 which was read twice and referred 
to the ,committee on ,foreign ,relations
  ,a ,,bill  ,to encourage support by   
international financial institutions for
 a robust global response to the        
,,covid-#ai pandemic4  #a4 ,short title 
,this ,act may be cited as the ,support 
for ,global ,financial ,institution     
,pandemic ,response ,act of #bjbj4  #b4 
,support for a robust global response to
 the ,,covid-#ai pandemic  7a7 ,united  
,states policies at the international   
financial institutions  7#a7 ,in general
 ,the ,secretary of the ,treasury shall 
instruct the ,united ,states ,executive 
,director of each international         
financial institution 7as defined in    
section #agja7;c77#b7 of the            
,international ,financial ,institutions 

,act 7#bb ,u4,s4,c4 #bfbr7c77#b77 to use
 the voice and vote of the ,united      
,states at that institution-- 7,a7 to   
seek to ensure adequate fiscal space for
 world economies in response to the     
global coronavirus disease #bjai        
7commonly referred to as ,,covid-#ai7   
pandemic through-- 7i7 the suspension of
 all debt service payments to the       
institution2 and  7ii7 the relaxation of
 fiscal targets for any government      
operating a program supported by the    
institution1 or seeking financing from  
the institution1 in response to the     
pandemic2  7,b7 to oppose the approval  
or endorsement of any loan1 grant1      
document1 or strategy that would lead to
 a decrease in health care spending or  
in any other spending that would impede 
the ability of any country to prevent or
 contain the spread of1 or treat persons
 who are or may be infected with1 the   
,,sars-,co,v-#b virus2 and  7,c7 to     
require approval of all ,special        
,drawing ,rights allocation transfers   

from wealthier member countries to      
countries that are emerging markets or  
developing countries1 based on          
confirmation of implementable           
transparency mechanisms or protocols to 
ensure the allocations are used for the 
public good and in response the global  
pandemic4  7#b7 ,,imf issuance of       
special drawing rights ,the ,secretary  
of the ,treasury shall instruct the     
,united ,states ,executive ,director of 
the ,international ,monetary ,fund to   
use the voice and vote of the ,united   
,states to support the issuance of a    
special allocation of not less than     
#b1jjj1jjj1jjj1jjj ,special ,drawing    
,rights so that governments are able to 
access additional resources to finance  
their responses to the global           
,,covid-#ai pandemic4  7b7 ,report      
required ,the ,chairman of the ,national
 ,advisory ,council on ,international   
,monetary and ,financial ,policies shall
 include in the annual report required  
by section #agja of the ,international  

,financial ,institutions ,act 7#bb      
,u4,s4,c4 #bfbr7 a description of       
progress made toward advancing the      
policies described in subsection 7a74   
7c7 ,termination ,subsections 7a7 and   
7b7 shall have no force or effect after 
the earlier of-- 7#a7 the date that is  
one year after the date of the enactment
 of this ,act2 or  7#b7 the date that is
 #cj days after the date on which the   
,secretary of the ,treasury submits to  
the ,committee on ,foreign ,relations of
 the ,senate and the ,committee on      
,financial ,services of the ,house of   
,representatives a report stating that  
the ,,sars-,co,v-#b virus is no longer a
 serious threat to public health in any 
part of the world4