IMF Afghan Recognition Assurance Act

Bill: 117-hr-5055
Sponsor: full_name: Rep. Barr, Andy [R-KY-6]
Introduced: 2021-08-20
Policy area: International Affairs
Subjects: Afghanistan

Asia

Congressional oversight

Human rights

International monetary system and foreign exchange

International organizations and cooperation

Multilateral development programs

Sovereignty, recognition, national governance and status

Terrorism

Women's rights
Latest action: action_date: 2021-08-20
text: Referred to the House Committee on Financial Services.

Summaries:
action_date: 2021-08-20
action_desc: Introduced in House
text: <p><strong>IMF Afghan Recognition Assurance Act</strong></p> <p>This bill requires the Department of the Treasury to oppose any International Monetary Fund recognition of Afghanistan if the Taliban controls Afghanistan's government. </p> <p>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. </p>

tv_txt: I 117th CONGRESS 1st Session H. R. 5055 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.

1. Short title This Act may be cited as the IMF Afghan Recognition Assurance Act . 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.