IIB 
115TH CONGRESS 
2D SESSION 
H. R. 3326 
IN THE SENATE OF THE UNITED STATES 
JANUARY 18, 2018 
Received; read twice and referred to the Committee on Foreign Relations 
AN ACT 
To increase accountability, combat corruption, and 
strengthen management effectiveness at the World Bank. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
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SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘World Bank Account-
ability Act of 2017’’. 
SEC. 2. WITHHOLDING OF FUNDS UNTIL CERTAIN CONDI-
TIONS ARE MET. 
(a) INSTITUTIONAL REFORMS.— 
(1) IN GENERAL.—With respect to each of fis-
cal years 2018 through 2023, in addition to any 
amounts withheld from disbursement under sub-
section (b), 15 percent of the amounts provided in 
appropriations Acts for the International Develop-
ment Association for the fiscal year— 
(A) shall be withheld from disbursement 
until the conditions of paragraph (2) or (3) are 
satisfied; and 
(B)(i) shall be disbursed after the condi-
tions of paragraph (2) are satisfied; and 
(ii) may be disbursed after the conditions 
of paragraph (3) are satisfied. 
(2) INITIAL
CONDITIONS.—The conditions of 
this paragraph are satisfied with respect to the 
amounts provided in appropriations Acts for a fiscal 
year if, in the fiscal year, the Secretary of the Treas-
ury reports to the appropriate congressional commit-
tees that the International Bank for Reconstruction 
and Development— 
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(A) is implementing institutional incen-
tives, including through formal staff evaluation 
criteria, that prioritize poverty reduction, devel-
opment outcomes, and capable project manage-
ment over the volume of the Bank’s lending and 
grantmaking; 
(B) is taking steps to address the manage-
ment failures described in Inspection Panel In-
vestigation Report 106710–UG, and to prevent 
their recurrence in countries that are eligible 
for World Bank support; and 
(C) is taking measures to strengthen its 
management of trust funds, with the goal of in-
creasing the accountability of the trust funds 
for poverty reduction and development out-
comes. 
(3) SUBSEQUENT CONDITIONS.—The conditions 
of this paragraph are satisfied if the Secretary of 
the Treasury reports to the appropriate congres-
sional committees, in each of the 3 fiscal years most 
recently preceding the fiscal year in which the report 
is made, that the International Bank for Recon-
struction and Development has instituted the meas-
ures described in paragraph (2) of this subsection 
and the measures described in subsection (b)(2). 
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(b) 
GOVERNANCE
AND
ANTICORRUPTION
RE-
FORMS.— 
(1) IN GENERAL.—With respect to each of fis-
cal years 2018 through 2023, in addition to any 
amounts withheld from disbursement under sub-
section (a), 15 percent of the amounts provided in 
appropriations Acts for the International Develop-
ment Association for the fiscal year— 
(A) shall be withheld from disbursement 
until the conditions of paragraph (2) or (3) are 
satisfied; and 
(B)(i) shall be disbursed after the condi-
tions of paragraph (2) are satisfied; and 
(ii) may be disbursed after the conditions 
of paragraph (3) are satisfied. 
(2) INITIAL
CONDITIONS.—The conditions of 
this paragraph are satisfied with respect to the 
amounts provided in appropriations Acts for a fiscal 
year if, in the fiscal year, the Secretary of the Treas-
ury reports to the appropriate congressional commit-
tees that the International Bank for Reconstruction 
and Development— 
(A) is emphasizing in appropriate oper-
ational policies, directives, and country strate-
gies its support for secure property rights, due 
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process of law, and economic freedom, including 
reduction of government barriers to entrepre-
neurship, as essential conditions for sustained 
poverty reduction in World Bank borrowing 
countries; 
(B)(i) in the preceding fiscal year, has not 
approved any loans or grants assistance by the 
Bank to a country designated by the United 
States as a state sponsor of terrorism; and 
(ii) is strengthening the ability of Bank- 
funded projects to undermine violent extre-
mism; 
(C) is taking steps to conduct forensic au-
dits of projects receiving assistance from the 
Bank, increase the number of the forensic au-
dits, and strengthen the capacity of the Bank’s 
Integrity Vice Presidency, and that not less 
than 50 percent of the forensic audits initiated 
by the Bank in each fiscal year are of projects 
randomly selected from among International 
Development Association borrowing countries; 
and 
(D) is taking measures to detect and mini-
mize corruption in all World Bank projects in-
volving development policy lending. 
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(3) SUBSEQUENT CONDITIONS.—The conditions 
of this paragraph are satisfied if the Secretary of 
the Treasury reports to the appropriate congres-
sional committees, in each of the 3 fiscal years most 
recently preceding the fiscal year in which the report 
is made that the International Bank for Reconstruc-
tion and Development has instituted the measures 
described in paragraph (2) of this subsection and 
the measures described in subsection (a)(2). 
(c) APPROPRIATE CONGRESSIONAL COMMITTEES DE-
FINED.—In this section, the term ‘‘appropriate congres-
sional committees’’ means the Committees on Financial 
Services and on Appropriations of the House of Rep-
resentatives and the Committees on Foreign Relations and 
on Appropriations of the Senate. 
SEC. 3. REPORTS TO CONGRESS. 
The Chairman of the National Advisory Council on 
International Monetary and Financial Policies shall in-
clude in the report required by section 1701 of the Inter-
national Financial Institutions Act for each of fiscal years 
2018 through 2023 a detailed description of the actions 
undertaken by the International Bank for Reconstruction 
and Development in the fiscal year covered by the report 
to institute the measures described in subsections (a)(2) 
and (b)(2) of section 2 of this Act, to institute the meas-
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ures described in section 203 of the William Wilberforce 
Trafficking Victims Protection Reauthorization Act of 
2008 (8 U.S.C. 1375c), and to ensure that persons to 
whom a G–5 visa (as defined in such section 203) has 
been issued and who are employed by a diplomat or staff 
of the Bank are informed of their rights and protections 
under such section 203. 
SEC. 4. OPPOSITION TO WORLD BANK ASSISTANCE FOR 
GOVERNMENT THAT FAILS TO IMPLEMENT 
OR ENFORCE MEASURES REQUIRED UNDER 
AN APPLICABLE UNITED NATIONS SECURITY 
COUNCIL RESOLUTION. 
The Bretton Woods Agreements Act (22 U.S.C. 286 
et seq.) is amended by adding at the end the following: 
‘‘SEC. 73. OPPOSITION TO ASSISTANCE FOR GOVERNMENT 
THAT FAILS TO IMPLEMENT OR ENFORCE 
MEASURES REQUIRED UNDER AN APPLICA-
BLE UNITED NATIONS SECURITY COUNCIL 
RESOLUTION. 
‘‘(a) IN GENERAL.—The Secretary of the Treasury 
shall instruct the United States Executive Director at the 
International Bank for Reconstruction and Development 
to use the voice and vote of the United States to oppose 
the provision of financial assistance, other than assistance 
to support basic human needs, to the government of a bor-
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rowing country of the International Development Associa-
tion if the President of the United States determines that 
the government has knowingly failed to implement or en-
force sanctions required under an applicable United Na-
tions Security Council resolution (as defined in section 3 
of the North Korea Sanctions and Policy Enhancement 
Act of 2016 (Public Law 114–122; 22 U.S.C. 9202)) that 
is in effect. 
‘‘(b) WAIVER.—The President may waive subsection 
(a) for not more than 180 days at a time with respect 
to a foreign government if the President reports to the 
Congress that— 
‘‘(1) the failure described in subsection (a) by 
the foreign government is due exclusively to a lack 
of capacity of the foreign government; 
‘‘(2) the foreign government is taking effective 
steps to prevent the failure from recurring; or 
‘‘(3) the waiver is vital to the national security 
interests of the United States.’’. 
SEC. 5. EIGHTEENTH REPLENISHMENT OF THE INTER-
NATIONAL DEVELOPMENT ASSOCIATION; RE-
DUCTION FROM IDA-17 AUTHORIZED LEVEL. 
The International Development Association Act (22 
U.S.C. 284 et seq.) is amended by adding at the end the 
following: 
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‘‘SEC. 30. EIGHTEENTH REPLENISHMENT. 
‘‘(a) 
CONTRIBUTION
AUTHORITY.—The 
United 
States Governor of the International Development Asso-
ciation may contribute on behalf of the United States 
$3,291,030,000 to the eighteenth replenishment of the re-
sources of the Association, subject to obtaining the nec-
essary appropriations. 
‘‘(b) LIMITATIONS ON AUTHORIZATION OF APPRO-
PRIATIONS.—In order to pay for the contribution provided 
for in subsection (a), there are authorized to be appro-
priated, without fiscal year limitation, $3,291,030,000 for 
payment by the Secretary of the Treasury.’’. 
Passed the House of Representatives January 17, 
2018. 
Attest: 
KAREN L. HAAS, 
Clerk. 
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