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To require the United States Executive Directors at the international financial institutions to oppose certain projects involving shrimp production, and for other purposes.
Summary
- Directs the Secretary of the Treasury to instruct U.S. Executive Directors at international financial institutions to oppose financial assistance for shrimp farming, processing, or export projects.
- Applies to financial assistance for shrimp projects in borrowing countries at all international financial institutions.
- Allows the Secretary of the Treasury to waive the requirement upon notifying Congress that the waiver is in the national interest of the United States.
- Expires seven years after the date of enactment.
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. Cruz, Ted [R-TX] (R-TX)
3 cosponsors
- Sen. Cassidy, Bill [R-LA] (R-LA)
- Sen. Kennedy, John [R-LA] (R-LA)
- Sen. Warnock, Raphael G. [D-GA] (D-GA)
Money behind the sponsor
Top reported contributors to Ted Cruz’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $4,424,745
- ENTREPRENEUR $458,096
- RDV CORPORATION $39,600
- AMERICAN AIRLINES $29,632
- BLACKSTONE $27,400
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Ted Cruz → · Outside spending →
Actions (2)
- Jun 23, 2026 Read twice and referred to the Committee on Foreign Relations. · senate
- Jun 23, 2026 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
June 23, 2026
Mr. Cruz (for himself, Mr. Warnock, Mr. Cassidy, and Mr. Kennedy) introduced the following bill; which was read twice and referred to the Committee on Foreign Relations
A BILL
To require the United States Executive Directors at the international financial institutions to oppose certain projects involving shrimp production, 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 “Save Our Shrimpers Act”.
SEC. 2. VOICE AND VOTE REQUIREMENT.
(a) In General.—The Secretary of the Treasury shall instruct the United States Executive Director at each international financial institution (as defined in section 1701(c)(2) of the International Financial Institutions Act (22 U.S.C. 262r(c)(2))) to use the voice and vote of the United States to oppose any financial assistance by such institution for any project to support shrimp farming, shrimp processing, or the export of shrimp in a borrowing country.
(b) Waiver Authority.—The Secretary of the Treasury may waive subsection (a) with respect to a project upon notifying Congress that the waiver is in the national interest of the United States.
(c) Expiration.—Subsection (a) shall have no force or effect after the end of the 7-year period beginning on the date of the enactment of this Act. <all>
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