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H.R. 1764 · 119th Congress

Aligning SEC Regulations for the World Bank’s International Development Association Act

Introduced Mar 3, 2025Policy area: Finance and Financial Sector

Read the textOn Congress.gov

Status: Passed House

  1. Introduced
  2. Committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Law

Latest action

: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summary

Aligning SEC Regulations for the World Bank's International Development Association Act

This bill exempts from securities regulations any securities issued by the International Development Association (IDA) of the World Bank. The association provides loans and grants to developing countries. The Securities and Exchange Commission may suspend this exemption at any time.

The bill does not apply if, before the bill's date of enactment, the Department of the Treasury reports that IDA is providing financial support to a country whose government has repeatedly provided support for acts of international terrorism, as determined by the Department of State.

Summary by the Congressional Research Service.

Actions

  1. Senate

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  2. House

    Motion to reconsider laid on the table Agreed to without objection.

  3. House

    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3513)

  4. House

    DEBATE - The House proceeded with forty minutes of debate on H.R. 1764.

  5. House

    Considered under suspension of the rules. (consideration: CR H3513-3514)

  6. House

    Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.

  7. House

    Placed on the Union Calendar, Calendar No. 15.

  8. House

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-25.

  9. House

    Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 0.

  10. House

    Committee Consideration and Mark-up Session Held

  11. House

    Referred to the House Committee on Financial Services.

  12. Introduced in House