Proposed
Bill · 119th Congress · HR 5952
Sustainable International Financial Institutions Act of 2025
Refreshed 5 h ago
Introduced 2025-11-07Topic: energy · climate · budgetSummary
AI-generated summary, report an errorThis bill would direct U.S. representatives at the World Bank and 11 other international development banks to vote against loans, investments, and policy changes that create or expand fossil fuel activity, and to support clean energy. It would also direct them to support ending funding for gas- and diesel-powered cars and buses by 2031. Each year, the Treasury Secretary would cut U.S. payments to each bank by the amount that bank spent on new fossil fuel capacity, holding that money in an escrow account until the bank stops such spending. The bill would also bar U.S. agencies, such as the Export-Import Bank and USAID, from providing loans, insurance, or other help for fossil fuel projects abroad.
Sponsors
- Jared Huffman Democrat sponsor
- 0 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2025-11-07 | House | Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | refer |
| 2025-11-07 | House | Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | refer |
| 2025-11-07 | Introduced in House | introduce | |
| 2025-11-07 | Introduced in House | introduce |