S 1153

Introduced

No Dollars for Dictators Act of 2025

To prohibit allocations of Special Drawing Rights at the International Monetary Fund for perpetrators of genocide and state sponsors of terrorism without congressional authorization.

Introduced Mar 26, 2025

Latest action (Mar 26, 2025) Read twice and referred to the Committee on Foreign Relations.

Referred to

Foreign Relations Committee

Policy area

International Affairs

Issues

Foreign Policy

Summary

Prohibits the United States from voting to allocate Special Drawing Rights from the International Monetary Fund to countries that have committed genocide in the past 10 years, unless Congress authorizes it.
Prohibits the United States from voting to allocate Special Drawing Rights to countries designated by the State Department as state sponsors of terrorism, unless Congress authorizes it.
Applies the restriction to votes by the President and any U.S. person or agency acting on behalf of the United States.

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)

Sen. Kennedy, John (R-LA)

6 cosponsors

Actions (2)

Mar 26, 2025 Read twice and referred to the Committee on Foreign Relations. · senate
Mar 26, 2025 Introduced in Senate

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.

Full text

IN THE SENATE OF THE UNITED STATES

March 26, 2025

Mr. Kennedy (for himself, Mr. Barrasso, Mr. Grassley, Mr. Scott of Florida, Mrs. Blackburn, and Mr. Justice) introduced the following bill; which was read twice and referred to the Committee on Foreign Relations

A BILL

To prohibit allocations of Special Drawing Rights at the International Monetary Fund for perpetrators of genocide and state sponsors of terrorism without congressional authorization.

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 Dollars for Dictators Act of 2025”.

SEC. 2. PROHIBITION ON ALLOCATIONS OF SPECIAL DRAWING RIGHTS AT INTERNATIONAL MONETARY FUND FOR PERPETRATORS OF GENOCIDE AND STATE SPONSORS OF TERRORISM WITHOUT CONGRESSIONAL AUTHORIZATION.

Section 6 of the Special Drawing Rights Act (22 U.S.C. 286q) is amended by adding at the end the following:

“(c) Unless Congress by law authorizes such action, neither the President nor any person or agency shall on behalf of the United States vote to allocate Special Drawing Rights under article XVIII, sections 2 and 3, of the Articles of Agreement of the Fund to a member country of the Fund, if the government of the member country has—

“(1) committed genocide at any time during the 10-year period ending with the date of the vote; or

“(2) been determined by the Secretary of State, as of the date of the enactment of the No Dollars for Dictators Act of 2025, to have repeatedly provided support for acts of international terrorism, for purposes of—

“(A) section 1754(c)(1)(A)(i) of the Export Control Reform Act of 2018 (50 U.S.C. 4813(c)(1)(A)(i));