I 

116TH CONGRESS 

2D SESSION H. R. 5698 

To direct the Secretary of the Treasury to instruct the United States Executive Directors at the international financial institutions on United States 

policy regarding international financial institution assistance with respect 

to advanced wireless technologies. 

IN THE HOUSE OF REPRESENTATIVES 

JANUARY 28, 2020 

Mr. TIMMONS introduced the following bill; which was referred to the 

Committee on Financial Services 

A BILL 

To direct the Secretary of the Treasury to instruct the 

United States Executive Directors at the international 

financial institutions on United States policy regarding 

international financial institution assistance with respect 

to advanced wireless technologies. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Promoting Secure 5G 

5 Act of 2020’’. 


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1 SEC. 2. UNITED STATES POLICY REGARDING INTER2 NATIONAL FINANCIAL INSTITUTION ASSIST3 ANCE WITH RESPECT TO ADVANCED WIRE4 LESS TECHNOLOGIES. 

5 (a) IN GENERAL.—The Secretary of the Treasury (in 

6 this section referred to as the ‘‘Secretary’’) shall instruct 

7 the United States Executive Director at each international 

8 financial institution (as defined in section 1701(c)(2) of 

9 the International Financial Institutions Act) that it is the 

10 policy of the United States to— 

11 (1) support assistance by the institution with 

12 respect to advanced wireless technologies (such as 

13 5th generation wireless technology for digital cellular 

14 networks and related technologies) only if the tech15 nologies provide appropriate security for users; 

16 (2) proactively encourage assistance with re17 spect to infrastructure or policy reforms that facili18 tate the use of secure advanced wireless tech19 nologies; and 

20 (3) cooperate, to the maximum extent prac21 ticable, with member states of the institution, par22 ticularly with United States allies and partners, in 

23 order to strengthen international support for such 

24 technologies. 

25 (b) WAIVER AUTHORITY.—The Secretary may waive 

26 subsection (a) on a case-by-case basis, on reporting to the 


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1 Committee on Financial Services of the House of Rep2 resentatives and the Committee on Foreign Relations of 

3 the Senate that the waiver— 

4 (1) will allow the United States to effectively 

5 promote the objectives of the policy described in sub6 section (a); or 

7 (2) is in the national interest of the United 

8 States, with an explanation of the reasons therefor. 

9 (c) PROGRESS REPORT.—The Chairman of the Na10 tional Advisory Council on International Monetary and Fi11 nancial Policies shall include in the annual report required 

12 by section 1701 of the International Financial Institutions 

13 Act a description of progress made toward advancing the 

14 policy described in subsection (a) of this section. 

15 (d) SUNSET.—The preceding provisions of this sec16 tion shall have no force or effect after the earlier of— 

17 (1) the date that is 7 years after the date of the 

18 enactment of this Act; or 

19 (2) the date that the Secretary reports to the 

20 committees specified in subsection (b) that termi21 nating the effectiveness of the provisions is impor22 tant to the national interest of the United States, 

23 with a detailed explanation of the reasons therefor. 

Æ 


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