I 

113TH CONGRESS 

1ST SESSION H. R. 2544 

To limit United States economic assistance and to oppose World Bank and 

International Monetary Fund assistance to the Government of Egypt. 

IN THE HOUSE OF REPRESENTATIVES 

JUNE 27, 2013 

Mr. SCHWEIKERT (for himself, Mr. LONG, Mr. SENSENBRENNER, Mr. RODNEY DAVIS of Illinois, and Mr. DESANTIS) introduced the following bill; 

which was referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently 

determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned 

A BILL 

To limit United States economic assistance and to oppose 

World Bank and International Monetary Fund assistance 

to the Government of Egypt. 

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 ‘‘Conditioning Economic 

5 Assistance and Support to Egypt Act’’ or ‘‘CEASE Act’’. 


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1 SEC. 2. LIMITATION ON UNITED STATES ECONOMIC ASSIST2 ANCE AND OPPOSITION TO WORLD BANK 

3 AND INTERNATIONAL MONETARY FUND AS4 SISTANCE TO THE GOVERNMENT OF EGYPT. 

5 (a) UNITED STATES ECONOMIC ASSISTANCE.—No 

6 loan, credit guarantee, insurance, financing, or other as7 sistance under part I of the Foreign Assistance Act of 

8 1961 (22 U.S.C. 2151 et seq.; relating to economic assist9 ance) or under the Export-Import Bank Act of 1945 (12 

10 U.S.C. 635 et seq.) may be provided to the Government 

11 of Egypt unless the President certifies to Congress that 

12 the Government of Egypt has met the conditions described 

13 in subsection (c). 

14 (b) WORLD BANK ASSISTANCE.—The Secretary of 

15 the Treasury shall instruct the United States Executive 

16 Director at the International Bank for Reconstruction and 

17 Development to use the voice and vote of the United 

18 States to oppose any assistance to the Government of 

19 Egypt unless the President certifies to Congress that the 

20 Government of Egypt has met the conditions described in 

21 subsection (c). 

22 (c) INTERNATIONAL MONETARY FUND ASSIST23 ANCE.—The Secretary of the Treasury shall instruct the 

24 United States Executive Director at the International 

25 Monetary Fund to use the voice and vote of the United 

26 States to oppose any loan agreement for the Government 


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1 of Egypt unless the President certifies to Congress that 

2 the Government of Egypt has met the conditions described 

3 in subsection (c). 

4 (d) CONDITIONS DESCRIBED.—The conditions re5 ferred to in subsections (a), (b), and (c) are the following: 

6 (1) The Government of Egypt has adopted and 

7 implemented legal reforms to protect the political, 

8 economic, and religious freedoms and human rights 

9 of the citizens and residents of Egypt. 

10 (2) The Government of Egypt is not acting to 

11 restrict the political, economic, or religious freedoms 

12 and human rights of the citizens and residents of 

13 Egypt. 

14 (3) The Government of Egypt is continuing to 

15 demonstrate a commitment to free and fair elections 

16 and is not taking any steps to interfere with or un17 dermine the credibility of such elections. 

18 (4) The Government of Egypt is abiding by and 

19 implementing all measures of the agreements set out 

20 in the 1979 Egypt-Israel Peace Treaty, including es21 tablishing full diplomatic relations through the ex22 change of ambassadors. 

23 (5) The Government of Egypt is taking all nec24 essary action to eliminate smuggling networks and 


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1 to detect and destroy tunnels between Egypt and the 

2 Gaza Strip. 

3 (6) The Government of Egypt is taking all nec4 essary action to combat terrorism in the Sinai. 

5 (7) The Government of Egypt in consultation 

6 with the United States Department of Defense has 

7 produced an analysis of Egypt’s current security 

8 needs, and the analysis has been shared with Con9 gress. 

10 (8) The Government of Egypt has lifted restric11 tions in law and practice on the work and funding 

12 of Egyptian and international nongovernmental or13 ganizations, comprising those in the human rights 

14 and democracy fields. 

Æ 


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