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H.R. 4423: No New Burma Funds Act

119th Congress · introduced 2025-07-15 · International Affairs · Latest: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

federal

What does this mean?

Official title

No New Burma Funds Act

Plain summary

No New Burma Funds Act This bill requires the U.S. Executive Director at the International Bank for Reconstruction and Development (IBRD) to advocate and vote for a continued pause on IBRD disbursements and new financing commitments to Burma unless the Department of the Treasury determines this is not in the national interest. The IBRD is one of the two major lending facilities of the World Bank and provides loans, guarantees, risk management products, and advisory services to middle-income countries and some creditworthy low-income countries. The World Bank paused disbursements and new financing to Burma after a 2021 military coup in that country.

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

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A “Nay” vote

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What does this mean? (plain words)

Official text

No New Burma Funds Act

Source: Congressional Research Service summary (Reported to House)

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Alternatives

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Officials and money

Sponsor: Rep. Williams, Nikema [D-GA-5] · 3 cosponsors

Money: CBO cost estimate: H.R. 4423, No New Burma Funds Act (2025-11-20) No linked contracts or vendors yet.

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-cong119-hr4423 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills