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H.R. 2071 · 119th Congress

Save Our Shrimpers Act

Introduced Mar 11, 2025Policy area: Foreign Trade and International Finance

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 Foreign Relations.

Summary

Save Our Shrimpers Act

This bill prohibits federal funds from being made available to international financial institutions (e.g., the International Monetary Fund) for financing activities related to foreign shrimp farms. The bill also requires an annual report on compliance by U.S. leadership of international financial institutions with policies to oppose financing for certain commodities or minerals.

Specifically, the bill requires the Department of the Treasury to condition any provision of federal funds to an international financial institution on the requirement that the funds not be used to finance any activity related to shrimp farming, shrimp processing, or the export of shrimp in any foreign country.

Under current law, Treasury must instruct U.S. leadership of international financial institutions to oppose providing financial assistance for the production or extraction of any commodity or mineral for export if (1) the commodity or mineral is in surplus on world markets, and (2) the export of such commodity or mineral will cause substantial injury to U.S. producers of a competing commodity or mineral (or of the same or a similar commodity or mineral). This bill requires the Government Accountability Office to investigate and annually report to Congress on the extent to which U.S. leadership at these institutions have carried out Treasury's instructions.

Summary by the Congressional Research Service.

Actions

  1. Senate

    Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

  2. House

    The title of the measure was amended. Agreed to without objection.

  3. House

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

  4. House

    On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 391 - 18, 1 Present (Roll no. 156). (text: CR H3352)

  5. House

    Considered as unfinished business. (consideration: CR H3375-3376)

  6. House

    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

  7. House

    DEBATE - The House proceeded with forty minutes of debate on H.R. 2071.

  8. House

    Considered under suspension of the rules. (consideration: CR H3352-3353)

  9. House

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

  10. House

    Placed on the Union Calendar, Calendar No. 491.

  11. House

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-571.

  12. House

    Ordered to be Reported by the Yeas and Nays: 42 - 1.

Show 3 earlier actions
  1. House

    Committee Consideration and Mark-up Session Held

  2. House

    Referred to the House Committee on Financial Services.

  3. Introduced in House