To prohibit allocations of Special Drawing Rights at the International Monetary Fund for perpetrators of genocide and state sponsors of terrorism without congressional authorization.

SA 1710. Mr. KENNEDY (for himself, Mr. Risch, Mr. Hagerty, Mr.
Tillis, and Mr. Toomey) submitted an amendment intended to be proposed
to amendment SA 1502 proposed by Mr. Schumer to the bill S. 1260, to
establish a new Directorate for Technology and Innovation in the
National Science Foundation, to establish a regional technology hub
program, to require a strategy and report on economic security,
science, research, innovation, manufacturing, and job creation, to
establish a critical supply chain resiliency program, and for other
purposes; which was ordered to lie on the table; as follows:

At the end of title III of division C, add the following:

SEC. 3314. PROHIBITION ON ALLOCATIONS OF SPECIAL DRAWING
RIGHTS AT INTERNATIONAL MONETARY FUND FOR
PERPETRATORS OF GENOCIDE AND STATE SPONSORS OF
TERRORISM WITHOUT CONGRESSIONAL AUTHORIZATION.

Section 6(b) of the Special Drawing Rights Act (22 U.S.C.
286q(b)) is amended by adding at the end the following:
``(3) Unless Congress by law authorizes such action,
neither the President nor any person or agency shall on
behalf of the United States vote to allocate Special Drawing
Rights under article XVIII, sections 2 and 3, of the Articles
of Agreement of the Fund to a member country of the Fund, if
the government of the member country has--

[[Page S3204]]

``(A) committed genocide at any time during the 10-year
period ending with the date of the vote; or
``(B) been determined by the Secretary of State, as of the
date of the enactment of the Strategic Competition Act of
2021, to have repeatedly provided support for acts of
international terrorism, for purposes of--
``(i) section 1754(c)(1)(A)(i) of the Export Control Reform
Act of 2018 (50 U.S.C. 4813(c)(1)(A)(i));
``(ii) section 620A of the Foreign Assistance Act of 1961
(22 U.S.C. 2371);
``(iii) section 40(d) of the Arms Export Control Act (22
U.S.C. 2780(d)); or
``(iv) any other provision of law.''.
______