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HR.4423 · 119TH CONGRESS

No New Burma Funds Act

Status
Passed Chamber
Latest Action
2025-12-02
Sponsor
Williams, Nikema (D-Georgia)
Official Source
Investability
0/100
Stage
PASSED_ONE
Related Bills
1
Full Text
1,138 chars
Alive
Yes

What This Bill Does · Plain English

Summary · Congress.gov
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.

Vote Breakdown · How Congress voted on HR.4423

House 385-0 PASSED
Independents 385 yea 0 nay

Action Timeline

2025-12-02
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
2025-12-01
DEBATE - The House proceeded with forty minutes of debate on H.R. 4423.
2025-12-01
Motion to reconsider laid on the table Agreed to without objection.
2025-12-01
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 385 - 0 (Roll no. 307). (text: CR H4945)
2025-12-01
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
2025-12-01
Mr. Davidson moved to suspend the rules and pass the bill, as amended.
2025-12-01
Considered under suspension of the rules. (consideration: CR H4945-4947)
2025-12-01
Considered as unfinished business. (text: CR H4954-4955)
2025-12-01
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 385 - 0 (Roll no. 307). (text: CR H4945)
2025-09-08
Placed on the Union Calendar, Calendar No. 202.

Frequently Asked Questions

Did HR.4423 pass?
HR.4423 is still alive. Current stage: PASSED_ONE. Pass likelihood: pending.
What does HR.4423 do?
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 financ…
Who sponsored HR.4423?
HR.4423 was sponsored by Nikema Williams (D-Georgia).

Full Bill Text

119 HR 4423 EH: No New Burma Funds Act U.S. House of Representatives text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. IB 119th CONGRESS 1st Session H. R. 4423 IN THE HOUSE OF REPRESENTATIVES AN ACT To continue the pause on disbursements and new financing commitments to the Government of Burma. 1. Short title This Act may be cited as the No New Burma Funds Act . 2. Continuation of pause on World Bank disbursements and commitments to Burma The Secretary of the Treasury shall direct the United States Executive Director at the International Bank for Reconstruction and Development to use the voice and vote of the United States to continue the pause by the Bank on disbursements and the making of new financing commitments to the Government of Burma, that was initiated after a military coup overthrew the democratically elected Government of Burma in 2021, unless the Secretary of the Treasury determines that it is not in the national interest to do so. Passed the House of Representatives December 1, 2025. Kevin F. McCumber, Clerk.
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Bill text sourced from GovInfo.gov · public domain · last updated 2026-10-12. Plain-English summary, score breakdown, and trading-intelligence panels are GovGreed-original analysis derived from STOCK Act filings, SEC Form 4 disclosures, FEC contributions, and Senate LDA lobbying reports — all publicly filed federal records. GovGreed is not affiliated with the U.S. Government. Not financial advice. [live render]