Title: IMF Afghan Recognition Assurance Act
Policy area: International Affairs

Summary:
IMF Afghan Recognition Assurance Act
This bill requires the Department of the Treasury to oppose any International Monetary Fund recognition of Afghanistan if the Taliban controls Afghanistan's government.
The President may temporarily waive this requirement if (1) the Taliban-controlled government is upholding the rights of women and girls in Afghanistan, (2) the Taliban-controlled government is not providing support for international acts of terrorism or permitting terrorist groups to operate from Afghanistan, and (3) such a waiver supports U.S. national interests.

[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5055 Introduced in House (IH)]

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117th CONGRESS
  1st Session
                                H. R. 5055

   To instruct the United States Governor of, and the United States 
Executive Director at, the International Monetary Fund to use the voice 
 and vote of the United States to advocate that the Fund not recognize 
  the government of the Islamic Republic of Afghanistan under Taliban 
                    control, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            August 20, 2021

   Mr. Barr introduced the following bill; which was referred to the 
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
   To instruct the United States Governor of, and the United States 
Executive Director at, the International Monetary Fund to use the voice 
 and vote of the United States to advocate that the Fund not recognize 
  the government of the Islamic Republic of Afghanistan under Taliban 
                    control, and for other purposes.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``IMF Afghan Recognition Assurance 
Act''.

SEC. 2. PROHIBITION ON RECOGNITION OF ISLAMIC REPUBLIC OF AFGHANISTAN 
              UNDER TALIBAN CONTROL.

    (a) In General.--The Secretary of the Treasury shall instruct the 
United States Governor of, and the United States Executive Director at, 
the International Monetary Fund to use the voice and vote of the United 
States to advocate that the Fund not recognize the government of the 
Islamic Republic of Afghanistan, and any successor state, should the 
Secretary of the Treasury determine that the government of the Islamic 
Republic of Afghanistan is under Taliban control.
    (b) Waiver.--The President may waive subsection (a) for up to 180 
days at a time on reporting to the Congress, Committee on Financial 
Services of the House of Representatives and Committee on Foreign 
Relations of the Senate that--
            (1) the government under Taliban control is upholding the 
        rights of women and girls in Afghanistan;
            (2) the Taliban does not provide material, financial, or 
        technological support for international acts of terrorism, and 
        does not permit terrorist groups to operate from the territory 
        of Afghanistan; and
            (3) such a waiver is in the national interest of the United 
        States.
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