S. 4863 – Save Our Shrimpers Act

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Updated June 27, 2026 at 4:12 AM UTC

The Save Our Shrimpers Act directs U.S. representatives at global financial institutions to block funding for shrimp‑related projects in other countries. It gives the Treasury Secretary the power to waive the rule for projects deemed in U.S. national interest, and the rule automatically expires after seven years.

Key Provisions

The Treasury Secretary must tell the U.S. Executive Director at each international financial institution to vote against any loan or grant that would support shrimp farming, shrimp processing, or shrimp export projects in borrowing countries.
The Treasury Secretary can grant a waiver for a specific project if it is in the United States’ national interest, but must inform Congress of the waiver.
The voting requirement ends seven years after the law is enacted.

Legislative Activity

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1 earlier action

SenateIntro Referral Latest Action

Read twice and referred to the Committee on Foreign Relations.

Foreign Relations Committee

June 23, 2026

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SenateIntro Referral

Introduced in Senate

June 23, 2026

SenateIntro Referral

Read twice and referred to the Committee on Foreign Relations.

Foreign Relations Committee

June 23, 2026

Bill Text

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Introduced in SenateIssued June 23, 2026

II

119th CONGRESS

2d Session

S. 4863

IN THE SENATE OF THE UNITED STATES

June 23, 2026

Mr. Cruz (for himself, Mr. Warnock, Mr. Cassidy, and Mr. Kennedy) introduced the following bill; which was read twice and referred to the Committee on Foreign Relations

A BILL

To require the United States Executive Directors at the international financial institutions to oppose certain projects involving shrimp production, and for other purposes.

1.

Short title

This Act may be cited as the Save Our Shrimpers Act.

2.

Voice and vote requirement

(a)

In general

The Secretary of the Treasury shall instruct the United States Executive Director at each international financial institution (as defined in section 1701(c)(2) of the International Financial Institutions Act (22 U.S.C. 262r(c)(2))) to use the voice and vote of the United States to oppose any financial assistance by such institution for any project to support shrimp farming, shrimp processing, or the export of shrimp in a borrowing country.

(b)

Waiver authority

The Secretary of the Treasury may waive subsection (a) with respect to a project upon notifying Congress that the waiver is in the national interest of the United States.

(c)

Expiration

Subsection (a) shall have no force or effect after the end of the 7-year period beginning on the date of the enactment of this Act.