To require the United States Executive Director of the International Monetary Fund to oppose loans and other programs of the Fund that do not exempt certain spending by the governments of heavily indebted poor countries from certain budget caps and restraints.
What it does: Adds Sec. 1303. (a) Exemption of Certain Government Spending From International Monetary Fund Restrictions.--The Secretary of the Treasury shall instruct the United States Executive Director of the International Monetary Fund to oppose any loan, project, agreement, memorandum, instrument, plan, or other program of the Fund that does not exempt spending on health care, education, food aid, and other critical safety net programs by the governments of heavily indebted poor countries from national budget caps or restraints, hiring or wage bill ceilings, or other limits on government spending sought by the Fund on page 106, between lines 14 and 15
Sen. Sherrod Brown (D-OH)Adds Sec. 1303. (a) Exemption of Certain Government Spending From International Monetary Fund Restrictions.--The Secretary of the Treasury shall instruct the United States Executive Director of the International Monetary Fund to oppose any loan, project, agreement, memorandum, instrument, plan, or other program of the Fund that does not exempt spending on health care, education, food aid, and other critical safety net programs by the governments of heavily indebted poor countries from national budget caps or restraints, hiring or wage bill ceilings, or other limits on government spending sought by the Fund on page 106, between lines 14 and 15
Adds a sectionPrinted pageInserted: Sec. 1303. (a) Exemption of Certain Government Spending From International Monetary Fund Restrictions.--The Secretary of the Treasury shall instruct the United States Executive Director of the International Monetary Fund to oppose any loan, project, agreement, memorandum, instrument, plan, or other program of the Fund that does not exempt spending on health care, education, food aid, and other critical safety net programs by the governments of heavily indebted poor countries from national budget caps or restraints, hiring or wage bill ceilings, or other limits on government spending sought by the Fund.
Inserted: (b) Conforming Repeal.--Section 7030 of the Omnibus Appropriations Act, 2009 (Public Law 111-8; 123 Stat. 874) is amended by striking subsection (c) and redesignating subsection (d) as subsection (c).
Original wording
On page 106, between lines 14 and 15, insert the following:
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As printed
SA 1161. Mr. BROWN submitted an amendment intended to be proposed by him to the bill H.R. 2346, making supplemental appropriations for the fiscal year ending September 30, 2009, and for other purposes; as follows:
On page 106, between lines 14 and 15, insert the following:
Sec. 1303. (a) Exemption of Certain Government Spending From International Monetary Fund Restrictions.--The Secretary of the Treasury shall instruct the United States Executive Director of the International Monetary Fund to oppose any loan, project, agreement, memorandum, instrument, plan, or other program of the Fund that does not exempt spending on health care, education, food aid, and other critical safety net programs by the governments of heavily indebted poor countries from national budget caps or restraints, hiring or wage bill ceilings, or other limits on government spending sought by the Fund.
(b) Conforming Repeal.--Section 7030 of the Omnibus Appropriations Act, 2009 (Public Law 111-8; 123 Stat. 874) is amended by striking subsection (c) and redesignating subsection (d) as subsection (c).
Legislative Activity
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Senate amendment agreed to: Amendment SA 1161 as modified agreed to in Senate by Unanimous Consent.(text as modified: CR S5799)
May 21, 2009
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Senate amendment agreed to: Amendment SA 1161 as modified agreed to in Senate by Unanimous Consent.(text as modified: CR S5799)
May 21, 2009
Considered by Senate. (consideration: CR S5771, S5798-5799)
May 21, 2009
Amendment SA 1161 as modified agreed to in Senate by Unanimous Consent. (text as modified: CR S5799)
May 21, 2009
Senate amendment submitted
May 20, 2009
Senate amendment proposed (on the floor): Amendment SA 1161 proposed by Senator Brown.(consideration: CR S5675; text CR S5675)
May 20, 2009
Amendment SA 1161 proposed by Senator Brown. (consideration: CR S5675; text CR S5675) To require the United States Executive Director of the International Monetary Fund to oppose loans and other programs of the Fund that do not exempt certain spending by the governments of heavily indebted poor countries from certain budget caps and restraints.
May 20, 2009
Amendments
2 amendmentsOffered to this amendment
Amendments
2 amendmentsOffered to this amendment