IIB 
117TH CONGRESS 
2D SESSION 
H. R. 7081 
IN THE SENATE OF THE UNITED STATES 
MAY 12, 2022 
Received; read twice and referred to the Committee on Foreign Relations 
AN ACT 
To seek immediate bilateral, multilateral, and commercial 
debt service payment relief for Ukraine. 
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 ‘‘Ukraine Comprehen-
sive Debt Payment Relief Act of 2022’’. 
SEC. 2. SUSPENSION OF MULTILATERAL DEBT PAYMENTS 
OF UKRAINE. 
(a) UNITED STATES POSITION
IN
THE INTER-
NATIONAL FINANCIAL INSTITUTIONS.—The Secretary of 
the Treasury shall instruct the United States Executive 
Director at each international financial institution (as de-
fined in section 1701(c)(2) of the International Financial 
Institutions Act) to use the voice, vote, and influence of 
the United States to advocate that the respective institu-
tion immediately suspend all debt service payments owed 
to the institution by Ukraine. 
(b) OFFICIAL BILATERAL AND COMMERCIAL DEBT 
SERVICE PAYMENT RELIEF.—The Secretary of the Treas-
ury, working in coordination with the Secretary of State, 
shall commence immediate efforts with other governments 
and commercial creditor groups, through the Paris Club 
of Official Creditors and other bilateral and multilateral 
frameworks, both formal and informal, to pursue com-
prehensive debt payment relief for Ukraine. 
(c) 
MULTILATERAL
FINANCIAL
SUPPORT
FOR 
UKRAINE.—The Secretary of the Treasury shall direct the 
United States Executive Director at each international fi-
nancial institution (as defined in section 1701(c)(2) of the 
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International Financial Institutions Act) to use the voice 
and vote of the United States to support, to the maximum 
extent practicable, the provision of concessional financial 
assistance for Ukraine. 
(d) MULTILATERAL FINANCIAL SUPPORT FOR REFU-
GEES.—The Secretary of the Treasury shall direct the 
United States Executive Director at each international fi-
nancial institution (as defined in section 1701(c)(2) of the 
International Financial Institutions Act) to use the voice 
and vote of the United States to seek to provide economic 
support for refugees from Ukraine, including refugees of 
African descent, and for countries receiving refugees from 
Ukraine. 
SEC. 3. REPORT TO THE CONGRESS. 
Not later than December 31 of each year, the Presi-
dent shall— 
(1) submit to the Committees on Financial 
Services, on Appropriations, and on Foreign Affairs 
of the House of Representatives and the Committees 
on Foreign Relations and on Appropriations of the 
Senate, a report on the activities undertaken under 
this Act; and 
(2) make public a copy of the report. 
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SEC. 4. WAIVER AND TERMINATION. 
(a) WAIVER.—The President may waive the provi-
sions of this Act if the President determines that a waiver 
is in the national interest of the United States and reports 
to the Congress an explanation of the reasons therefor. 
(b) TERMINATION.—The preceding provisions of this 
Act shall have no force or effect on or after the date that 
is 7 years after the date of the enactment of this Act. 
Passed the House of Representatives May 11, 2022. 
Attest: 
CHERYL L. JOHNSON, 
Clerk. 
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