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H.R. 4111: Sovereign Debt Contract Capacity Act

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H.R. 4111: Sovereign Debt Contract Capacity Act

117th Congress · introduced 2021-06-23 · International Affairs · Latest: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2021-06-23 · official record
  2. Who proposed it: Rep. Waters, Maxine [D-CA-43] · what a sponsor is
  3. What happened next: 1 recorded vote in our records. Latest: House roll call 332 (2021): On Motion to Suspend the Rules and Pass, HR4111 (2021-10-25), Passed. See all
  4. Where it stands now: Received in the Senate and Read twice and referred to the Committee on Foreign Relations. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Sovereign Debt Contract Capacity Act

Plain summary

Sovereign Debt Contract Capacity Act This bill requires the Department of the Treasury to instruct the U.S. Executive Director at the International Monetary Fund to advocate for the fund to promote international standards and best practices with respect to sovereign debt contracts and to provide technical assistance to fund members. Such assistance should focus on lower middle-income countries in order to enhance their capacity to evaluate the legal and financial terms of sovereign debt contracts with private sector creditors.

Congressional Research Service summary (Passed House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Sovereign Debt Contract Capacity Act

Source: Congressional Research Service summary (Passed House)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Waters, Maxine [D-CA-43] · 1 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Sponsor's campaign money: Rep. Waters, Maxine [D-CA-43] reported raising $1.1 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

Recorded votes

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong117-hr4111 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117