,,ii #aaf? ,,congress #b;d ,session ,s4 #daci ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #a1 #bjbj,mr4 ,durb9 7= himself1 ,mr4 ,s&]s1 ,mr4 ,re$1 ,mr4 ,c>d91 & ,mr4 ,m]kley7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,=eign ,relations ,a ,,bill ,to enc\rage support by int]national f9ancial in/itutions = a robu/ global response to ! ,,covid-#ai p&emic4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,support = ,global ,f9ancial ,in/itution ,p&emic ,response ,act ( #bjbj4 #b4 ,support = a robu/ global response to ! ,,covid-#ai p&emic 7a7 ,unit$ ,/ates policies at ! int]national f9ancial in/itutions 7#a7 ,9 g5]al ,! ,secret>y ( ! ,treasury %all in/ruct ! ,unit$ ,/ates ,executive ,director ( ea* int]national f9ancial in/itution 7z def9$ 9 section #agja7;c77#b7 ( ! ,int]national ,f9ancial ,in/itutions ,act 7#bb ,u4,s4,c4 #bfbr7c77#b77 to use ! voice & vote ( ! ,unit$ ,/ates at t in/itution-- 7,a7 to seek to ensure adequate fiscal space = _w economies 9 response to ! global coronavirus disease #bjai 7commonly ref]r$ to z ,,covid-#ai7 p&emic ?r\gh-- 7i7 ! susp5sion ( all debt s]vice paym5ts to ! in/itution2 & 7ii7 ! relaxation ( fiscal t>gets = any gov]nm5t op]at+ a program support$ by ! in/itution1 or seek+ f9anc+ f ! in/itution1 9 response to ! p&emic2 7,b7 to oppose ! approval or endorsem5t ( any loan1 grant1 docum5t1 or /rategy t w\ld lead to a decrease 9 heal? c>e sp5d+ or 9 any o!r sp5d+ t w\ld imp$e ! ability ( any c\ntry to prev5t or conta9 ! spread (1 or treat p]sons :o are or may be infect$ )1 ! ,,s>s-,co,v-#b virus2 & 7,c7 to require approval ( all ,special ,draw+ ,rights allocation transf]s f weal?i] memb] c\ntries to c\ntries t are em]g+ m>kets or develop+ c\ntries1 bas$ on confirmation ( implem5table transp>5cy me*anisms or protocols to ensure ! allocations are us$ = ! public good & 9 response ! global p&emic4 7#b7 ,,imf issuance ( special draw+ rights ,! ,secret>y ( ! ,treasury %all in/ruct ! ,unit$ ,/ates ,executive ,director ( ! ,int]national ,monet>y ,fund to use ! voice & vote ( ! ,unit$ ,/ates to support ! issuance ( a special allocation ( n less ?an #b1jjj1jjj1jjj1jjj ,special ,draw+ ,rights s t gov]nm5ts are able to access additional res\rces to f9ance _! responses to ! global ,,covid-#ai p&emic4 7b7 ,report requir$ ,! ,*airman ( ! ,national ,advisory ,c\ncil on ,int]national ,monet>y & ,f9ancial ,policies %all include 9 ! annual report requir$ by section #agja ( ! ,int]national ,f9ancial ,in/itutions ,act 7#bb ,u4,s4,c4 #bfbr7 a description ( progress made t[>d advanc+ ! policies describ$ 9 subsection 7a74 7c7 ,t]m9ation ,subsections 7a7 & 7b7 %all h no =ce or effect aft] ! e>li] (-- 7#a7 ! date t is "o ye> aft] ! date ( ! enactm5t ( ?is ,act2 or 7#b7 ! date t is #cj days aft] ! date on :i* ! ,secret>y ( ! ,treasury submits to ! ,committee on ,=eign ,relations ( ! ,s5ate & ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives a report /at+ t ! ,,s>s-,co,v-#b virus is no long] a s]i\s ?reat to public heal? 9 any "p ( ! _w4