Ukraine Comprehensive Debt Payment Relief Act of 2022

Bill: 117-hr-7081
Sponsor: Rep. Garcia, Jesus G. "Chuy" [D-IL-4]
Introduced: 2022-03-15 in the House
Policy area: International Affairs
Subjects: Congressional oversight
Europe
Foreign aid and international relief
Foreign loans and debt
Multilateral development programs
Ukraine

Summary:
action_date: 2022-03-15
text: 

Ukraine Comprehensive Debt Payment Relief Act

 
This bill requires the Department of the Treasury to make efforts to secure debt relief for Ukraine.
 
Specifically, Treasury must order U.S. representatives to international financial institutions to advocate for such institutions to (1) immediately suspend all debt service payments owed by Ukraine to the respective institution, and (2) provide concessional financial assistance to Ukraine. 
 
Treasury must also immediately pursue, through bilateral and multilateral frameworks, comprehensive debt payment relief for Ukraine from other governments and commercial creditor groups. 

action_date: 2022-05-10
text: 

Ukraine Comprehensive Debt Payment Relief Act
 
of 2022

 
This bill requires the Department of the Treasury to make efforts to secure debt relief for Ukraine.
 
Specifically, Treasury must order U.S. representatives to international financial institutions to advocate for such institutions to (1) immediately suspend all debt service payments owed by Ukraine to the respective institution, (2) provide concessional financial assistance to Ukraine, and (3) provide economic support for refugees from Ukraine (including refugees of African descent) and the countries receiving such refugees. 
 
Treasury must also immediately pursue, through bilateral and multilateral frameworks, comprehensive debt payment relief for Ukraine from other governments and commercial creditor groups. 

action_date: 2022-05-11
text: 

Ukraine Comprehensive Debt Payment Relief Act
 
of 2022

 
This bill requires the Department of the Treasury to make efforts to secure debt relief for Ukraine.
 
Specifically, Treasury must order U.S. representatives to international financial institutions to advocate for such institutions to (1) immediately suspend all debt service payments owed by Ukraine to the respective institution, (2) provide concessional financial assistance to Ukraine, and (3) provide economic support for refugees from Ukraine (including refugees of African descent) and the countries receiving such refugees. 
 
Treasury must also immediately pursue, through bilateral and multilateral frameworks, comprehensive debt payment relief for Ukraine from other governments and commercial creditor groups. 


Legislative actions:
action_date: 2022-05-12
text: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
action_date: 2022-05-11
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2022-05-11
text: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 362 - 56 (Roll no. 160). (text: 05/10/2022 CR H4750-4751)
action_date: 2022-05-11
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 362 - 56 (Roll no. 160).
action_date: 2022-05-11
text: Considered as unfinished business. (consideration: CR H4838-4839)
action_date: 2022-05-10
text: At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
action_date: 2022-05-10
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 7081.
action_date: 2022-05-10
text: Considered under suspension of the rules. (consideration: CR H4750-4752)
action_date: 2022-05-10
text: Mr. Garcia (IL) moved to suspend the rules and pass the bill, as amended.
action_date: 2022-05-10
text: Placed on the Union Calendar, Calendar No. 237.
action_date: 2022-05-10
text: Reported (Amended) by the Committee on Financial Services. H. Rept. 117-317.
action_date: 2022-05-10
text: Reported (Amended) by the Committee on Financial Services. H. Rept. 117-317.
action_date: 2022-03-17
text: Ordered to be Reported in the Nature of a Substitute by Voice Vote.
action_date: 2022-03-17
text: Committee Consideration and Mark-up Session Held.
action_date: 2022-03-15
text: Referred to the House Committee on Financial Services.
action_date: 2022-03-15
text: Introduced in House
action_date: 2022-03-15
text: Introduced in House