H.R. 1764 Passed the House Finance and Financial Sector

Aligning SEC Regulations for the World Bank’s International Development Association Act

To accord securities issued by the International Development Association the same exemption from the securities laws that applies to the securities of other multilateral development banks in which the United States is a member.

  1. Introduced
  2. Committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor Rep. Waters, Maxine [D-CA-43] Introduced March 3, 2025 Cosponsors 0 Latest action July 22, 2025

Summary

Aligning SEC Regulations for the World Bank's International Development Association Act
This bill exempts from securities regulations any securities issued by the International Development Association (IDA) of the World Bank. The association provides loans and grants to developing countries. The Securities and Exchange Commission may suspend this exemption at any time.
The bill does not apply if, before the bill's date of enactment, the Department of the Treasury reports that IDA is providing financial support to a country whose government has repeatedly provided support for acts of international terrorism, as determined by the Department of State. 

Summary by the Congressional Research Service, Library of Congress.

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Actions

  1. Jul 22, 2025 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Jul 21, 2025 Motion to reconsider laid on the table Agreed to without objection.
  3. Jul 21, 2025 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3513)
  4. Jul 21, 2025 DEBATE - The House proceeded with forty minutes of debate on H.R. 1764.
  5. Jul 21, 2025 Considered under suspension of the rules. (consideration: CR H3513-3514)
  6. Jul 21, 2025 Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
  7. Mar 21, 2025 Placed on the Union Calendar, Calendar No. 15.
  8. Mar 21, 2025 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-25.
  9. Mar 5, 2025 Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 0.
  10. Mar 5, 2025 Committee Consideration and Mark-up Session Held
  11. Mar 3, 2025 Referred to the House Committee on Financial Services.
  12. Mar 3, 2025 Introduced in House

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