,i  #aag? ,,congress  #b;d ,session  ,h4
 ,r4 #fedi  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,febru>y #a1 #bjbb,ms4
 ,ocasio-,cortez introduc$ ! foll[+     
bill2 :i* 0 ref]r$ to ! ,committee on   
,f9ancial ,s]vices  ,a ,,bill  ,to      
provide support = int]national          
initiatives to provide debt relief to   
develop+ c\ntries ) unsu/a9able levels (
 debt1 & = o!r purposes4  #a4 ,support =
 int]national initiatives to provide    
debt relief to develop+ c\ntries )      
unsu/a9able levels ( debt  7a7 ,debt    
relief ,! ,secret>y ( ! ,treasury1 9    
consultation ) ! ,secret>y ( ,/ate1     
%all-- 7#a7 engage ) int]national       
f9ancial in/itutions & (ficial &        
comm]cial cr$itors to advance support = 
prompt & effective implem5tation &      
improvem5t ( ! ,common ,framework =     
,debt ,treatm5ts beyond ! ,debt ,s]vice 
,susp5sion ,initiative 79 ?is section   
ref]r$ to z ! ,common ,framework71 & any
 successor framework or simil> coord9at$
 int]national debt treatm5t process     

?r\gh ! e/abli%m5t & publication ( cle> 
& acc\ntable-- 7,a7 debt treatm5t       
b5*m>ks design$ to a*ieve debt          
su/a9ability = ea* p>ticipat+ debtor2   
7,b7 /&>ds = equitable burd5 %>+ among  
all cr$itors ) mat]ial claims on ea*    
p>ticipat+ debtor1 )\t reg>d = _!       
(ficial1 private1 or hybrid /atus2  7,c7
 robu/ debt disclosure1 includ+ b n     
limit$ to int]-cr$itor data %>+ & a     
broad presumption 9 favor ( public      
disclosure ( mat]ial t]ms & conditions (
 claims on p>ticipat+ debtors2  7,d7    
exp&$ eligibility crit]ia to include all
 c\ntries ) unsu/a9able levels (        
sov]eign debt2  7,e7 /&>ds =            
compreh5sive cr$itor p>ticipation       
consi/5t ) robu/ application ( !        
policies ( ! ,int]national ,monet>y     
,funds relat+ to l5d+ into arre>s2 &    
7,f7 consi/5t en=cem5t & improvem5t ( ! 
policies ( multilat]al in/itutions      
relat+ to asset-bas$ & rev5ue-bas$      
borr[+ by p>ticipat+ debtors1 &         
coord9at$ /&>ds on re/ructur+           

collat]aliz$ debt2  7#b7 engage )       
int]national f9ancial in/itutions &     
(ficial & comm]cial cr$itors to advance 
support = a compreh5sive & effective    
debt paym5t /&/ill = ea* p>ticipat+     
debtor f ! "t ( its application =1 &    
until ! completion ( its negotiations   
"u1 ! ,common ,framework1 or any        
successor framework or simil> coord9at$ 
int]national debt treatm5t process3     
provid$1 h[ev]1 t any su* /&/ill %\ld   
inc5tivize prompt & compreh5sive debt   
re/ructur+ agreem5t & provide tempor>y  
ca% fl[ relief = ! debtor1 )\t exac]bat+
 its vuln]ability to debt di/ress2 &    
7#c7 in/ruct ! ,unit$ ,/ates ,executive 
,director at ! ,int]national ,monet>y   
,fund & ! ,unit$ ,/ates ,executive      
,director at ! ,_w ,bank to use ! voice 
& vote ( ! ,unit$ ,/ates to advance !   
ef=ts describ$ 9 p>agraphs 7#a7 & 7#b71 
includ+ by urg+ int]national f9ancial   
in/itutions to p>ticipate 9 debt relief1
 )\t und]m9+ _! ability to cont9ue to   
provide new & additional fl[s ( aid &   

assi/ance4  7b7 ,report+ requirem5t ,n  
lat] ?an #abj days aft] ! date ( !      
enactm5t ( ?is ,act1 & annually !reaft] 
until ! end ( ! ,,covid-#ai p&emic1 z   
det]m9$ by ! ,_w ,heal? ,organization1 !
 ,secret>y ( ! ,treasury1 9 coord9ation 
) ! ,secret>y ( ,/ate1 %all submit to ! 
,committees on ,bank+1 ,h\s+1 & ,urban  
,affairs & ,=eign ,relations ( ! ,s5ate 
& ! ,committees on ,f9ancial ,s]vices & 
,=eign ,affairs ( ! ,h\se (             
,repres5tatives a report t describes--  
7#a7 actions t h be5 tak51 9 coord9ation
 ) int]national f9ancial in/itutions1 by
 (ficial cr$itors1 includ+ ! gov]nm5t (1
 & /ate-own$ ent]prises 91 ! ,p's       
,republic ( ,*9a1 & relevant comm]cial  
cr$itor gr\ps to advance debt relief =  
c\ntries ) unsu/a9able debt t h s\ght   
relief "u ! ,common ,framework1 any     
successor framework or me*anism1 or "u  
any o!r coord9at$ int]national          
arrangem5t = sov]eign debt re/ructur+2  
7#b7 any implem5tation *all5ges t h9d] !
 ability ( ! ,common ,framework to      

provide timely debt re/ructur+ = any    
c\ntry ) unsu/a9able debt t seeks debt  
relief or debt paym5t relief1 includ+   
any refusal ( any cr$itors to p>ticipate
 9 equitable burd5 %>+1 includ+ b n     
limit$ to failure to %>e 7or publi%1 z  
appropriate7 all mat]ial in=mation ne$$ 
to assess debt su/a9ability &           
int]-cr$itor equity2  7#c7              
recomm5dations on h[ to address *all5ges
 id5tifi$ 9 p>agraph 7#b72  7#d7 any    
,unit$ ,/ates policy conc]ns ) respect  
to provid+ debt relief to specific      
c\ntries2 &  7#e7 ! transp>5cy &        
acc\ntability measures e/abli%$ or      
propos$ to ensure t res\rces fre$ up by 
! debt relief describ$ 9 p>agraph 7#a7  
are us$ = activities t respond to !     
heal?1 economic1 & social effects ( !   
,,covid-#ai p&emic1 climate *ange       
resili5cy1 or help ensure equitable     
recov]ies & gr[?4