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HR 462
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No Support for Terror Act

To prevent allocations of Special Drawing Rights at the International Monetary Fund for countries that are perpetrators of genocide or state sponsors of terrorism, and to prevent United States tax dollars from directly going to the Taliban or other terrorists or terrorist- harboring nations.

Introduced Jan 15, 2025

Latest action (Jan 15, 2025) Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Summary

This bill directs the U.S. to oppose allocations of Special Drawing Rights from the International Monetary Fund to countries that perpetrate genocide or sponsor terrorism. It also requires the Departments of Treasury and State and the Agency for International Development to review U.S. assistance to ensure it is not reaching the Taliban or other terrorist organizations, and to report their findings to Congress within 90 days. The bill requires assistance recipients to provide evidence that sub-recipients are complying with anti-terrorism financing laws.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)

Money behind the sponsor

Top reported contributors to W. Gregory Steube’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.

  • CHENEY BROTHERS $7,800
  • NEXTGEN MANAGEMENT $6,600
  • STEPHENS, INC. $6,600
  • NEPTUNE WELLNESS SOLUTIONS $6,600
  • COOLTODAY $6,600

Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for W. Gregory Steube → · Outside spending →

Actions (2)

  1. Jan 15, 2025 Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. · house
  2. Jan 15, 2025 Introduced in House

More bills on these subjects (8)

Other bills that carry the most legislative subjects in common with this one (topical discovery — distinct from the procedural related bills above).

Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

Text versions (1)

  • Introduced in House · Jan 15, 2025

Only one text version is on file, so there’s no earlier version to compare against yet.

Full text

IN THE HOUSE OF REPRESENTATIVES

January 15, 2025

Mr. Steube introduced the following bill; which was referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned

A BILL

To prevent allocations of Special Drawing Rights at the International Monetary Fund for countries that are perpetrators of genocide or state sponsors of terrorism, and to prevent United States tax dollars from directly going to the Taliban or other terrorists or terrorist- harboring nations.

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 “No Support for Terror Act”.

SEC. 2. PREVENTING ALLOCATIONS OF SPECIAL DRAWING RIGHTS AT THE INTERNATIONAL MONETARY FUND FOR COUNTRIES THAT ARE PERPETRATORS OF GENOCIDE OR STATE SPONSORS OF TERRORISM.

The Bretton Woods Agreements Act (22 U.S.C. 286 et seq.) is amended by adding at the end the following:

“SEC. 75. PREVENTING ALLOCATIONS OF SPECIAL DRAWING RIGHTS FOR COUNTRIES THAT ARE PERPETRATORS OF GENOCIDE OR STATE SPONSORS OF TERRORISM.

“The Secretary of the Treasury shall instruct the United States Executive Director at the Fund to use the voice and vote of the United States to—

“(1) oppose the allocation of Special Drawing Rights to any country that is a perpetrator of genocide or a state sponsor of terrorism, as determined by the Secretary of State; and

“(2) advocate that the Fund adopt a rule prohibiting such an allocation.”.

SEC. 3. PREVENTING UNITED STATES TAX DOLLARS FROM BEING PROVIDED TO THE TALIBAN OR OTHER TERRORIST ORGANIZATIONS OR COUNTRIES THAT HARBOR TERRORIST ORGANIZATIONS.

(a) Review.—

(1) In general.—The Secretary of the Treasury, the Secretary of State, and the Administrator of the United States Agency for International Development shall jointly conduct a review of assistance provided to nongovernmental organizations and international organizations to ensure such assistance is not being further provided to the Taliban or other terrorist organizations or countries that harbor terrorist organizations in accordance with United States anti-terrorism financing laws.

(2) Report.—Not later than 90 days after the date of the enactment of this Act, the Secretary of the Treasury, the Secretary of State, and the Administrator of the United States Agency for International Development shall jointly submit to Congress a report that contains the results of the review conducted under paragraph (1).

(b) Recipient Requirements.—Not later than 180 days after the date of the enactment of this Act, the Secretary of the Treasury, the Secretary of State, and the Administrator of the United States Agency for International Development shall each require prime awardees of assistance to provide evidence that all sub-awardees of such assistance are complying with United States anti-terrorism financing laws. <all>

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