H.R. 4111Sovereign Debt Contract Capacity Act

1 recorded action232 of these members are on the 2026 ballotWhat the measure does Read on Congress.gov

Sponsor: Maxine Waters [D-CA-43]
Cosponsors: 1 · 1 Republican
Policy area: International Affairs
Committees: Financial Services Committee, Foreign Relations Committee
Latest action: Oct 26, 2021 · Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

IntroducedJun 23, 2021
Passed the HouseOct 25, 2021
Passed the SenateNot yet reached
Sent to the PresidentNot yet reached
Became lawNot yet reached

What the measure doesCRS summary

Sovereign Debt Contract Capacity Act

This bill requires the Department of the Treasury to instruct the U.S. Executive Director at the International Monetary Fund to advocate for the fund to promote international standards and best practices with respect to sovereign debt contracts and to provide technical assistance to fund members. Such assistance should focus on lower middle-income countries in order to enhance their capacity to evaluate the legal and financial terms of sovereign debt contracts with private sector creditors.

Written by the nonpartisan Congressional Research Service, describing H.R. 4111 as passed House on Oct 25, 2021. It is not the text of the measure; a later amendment may have changed what it does.

How every member votedHouse roll call 332

House Oct 25, 2021

On Motion to Suspend the Rules and Pass

Sovereign Debt Contract Capacity Act

Passed · Two-thirds required

391 Yea 29 Nay 11 not voting

Crossed both parties 29 of 420 voting members broke with their own party: 29 Republicans.

Open the official roll call

How the chamber split

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DemocratsRepublicansFilled: YeaRing: NayGrey: not voting or present

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All members431 members

Democratic219 members

Republican212 members

marks half of the votes cast. A party’s majority is the side most of its voting members took.

Cosponsors1 · 1 Republican

Signing on is not a vote: a member can cosponsor H.R. 4111 and vote against it. 1 signed when it was filed.

RPatrick McHenry [R-NC-10]Original

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