S.1276 - A bill to repeal the authority to provide certain loans to the International Monetary Fund, the increase in the United States quota to the Fund, and certain other related authorities, to rescind related appropriated amounts, and for other purposes.

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  • Official: A bill to repeal the authority to provide certain loans to the International Monetary Fund, the increase in the United States quota to the Fund, and certain other related authorities, to rescind related appropriated amounts, and for other purposes. as introduced.

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Introduced
 
Senate
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House
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President
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06/23/11
 
 
 
 
 
 
 

Sponsor

Senator

Jim DeMint

R-SC

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Official Summary

Amends the Bretton Woods Agreements Act to repeal authority to: (1) provide certain loans to the International Monetary Fund (IMF), including loans related to the New Arrangements to Borrow (NAB); (2) increase the U.S. quota in the IMF; and (3) approve the sale of IMF gold. Rescinds related

Official Summary

Amends the Bretton Woods Agreements Act to repeal authority to:
(1) provide certain loans to the International Monetary Fund (IMF), including loans related to the New Arrangements to Borrow (NAB);
(2) increase the U.S. quota in the IMF; and
(3) approve the sale of IMF gold. Rescinds related appropriations.

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