Save Our Shrimpers Act

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2071 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 2071

 To prohibit Federal funds from being made available to international
  financial institutions for the purposes of financing foreign shrimp
                     farms, and for other purposes.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                             March 11, 2025

Mr. Nehls (for himself, Mr. Higgins of Louisiana, Mr. Vicente Gonzalez
 of Texas, Mr. Carter of Louisiana, Ms. Mace, Mr. Weber of Texas, Mr.
   Bilirakis, Ms. Letlow, Mrs. Luna, Mr. Murphy, Mr. Rutherford, Mr.
  Donalds, Mr. Moore of Alabama, Mr. Babin, Mr. Ezell, Mr. Cloud, Mr.
 Fry, and Mr. Carter of Georgia) introduced the following bill; which
          was referred to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL

 To prohibit Federal funds from being made available to international
  financial institutions for the purposes of financing foreign shrimp
                     farms, 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. PROHIBITION ON MAKING FEDERAL FUNDS AVAILABLE TO INTERNATIONAL
              FINANCIAL INSTITUTIONS TO FINANCE FOREIGN SHRIMP FARMS.

    The Secretary of the Treasury shall condition any provision of
Federal funds to an international financial institution (as defined in
section 1701(c)(2) of the International Financial Institutions Act) on
the requirement that the funds not be used to finance any activity
relating to shrimp farming, shrimp processing, or the export of shrimp
in any foreign country.

SEC. 3. ANNUAL GAO REPORT ON COMPLIANCE BY THE UNITED STATES EXECUTIVE
              DIRECTORS AT CERTAIN INTERNATIONAL FINANCIAL INSTITUTIONS
              WITH INSTRUCTION TO OPPOSE INTERNATIONAL FINANCIAL
              INSTITUTION ASSISTANCE FOR THE PRODUCTION OR EXTRACTION
              OF EXPORT COMMODITIES OR MINERALS IN SURPLUS ON WORLD
              MARKETS.

    Within 180 days after the date of the enactment of this Act and
annually thereafter, the Comptroller General shall investigate, and
submit to the Congress a written report on, the extent to which the
United States Executive Directors at the institutions specified in
section 22 of the Export-Import Bank Act Amendments of 1986 have
carried out the instructions described in such section.
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