H.R. 1513 · 117th Congress

Special Drawing Rights Oversight Act

Stage
In committee
Introduced
2021-03-02
Latest action
2021-03-02 · Introduced in House

Summary

Special Drawing Rights Oversight Act

This bill requires congressional approval for a vote to allocate any Special Drawing Rights (a currency support tool available to members of the International Monetary Fund). Currently, congressional approval is required only for allocations that exceed a specified amount.