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No Dollars for Dictators Act of 2023

3/14/2024, 2:38 AM

Summary of Bill S 3057

Bill 118 s 3057, also known as the No Dollars for Dictators Act of 2023, is a piece of legislation introduced in the US Congress with the aim of preventing US taxpayer dollars from being used to support dictators and authoritarian regimes around the world. The bill seeks to ensure that foreign aid and assistance provided by the US government is not used to prop up oppressive regimes that violate human rights and undermine democracy.

The No Dollars for Dictators Act of 2023 includes provisions that require the US government to conduct thorough assessments of the human rights records and democratic practices of countries receiving foreign aid. If a country is found to be ruled by a dictator or engaged in systematic human rights abuses, the bill prohibits the allocation of US taxpayer dollars to that country.

Additionally, the bill calls for increased transparency and accountability in the distribution of foreign aid, requiring regular reports to Congress on how US taxpayer dollars are being used and whether they are effectively promoting democracy and human rights in recipient countries. Overall, the No Dollars for Dictators Act of 2023 aims to ensure that US foreign aid is used to support countries that uphold democratic values and respect human rights, rather than propping up authoritarian regimes that oppress their citizens.

Congressional Summary of S 3057

No Dollars for Dictators Act of 2023

This bill imposes additional restrictions on the U.S. government's authority to vote on Special Drawing Rights (SDR) allocations at the International Monetary Fund (IMF).

(The SDR is an international reserve asset maintained by the IMF based on contributions from IMF member countries. SDRs may be exchanged between member countries and may also be exchanged for currencies.)

Specifically, U.S. representatives to the IMF may not vote for SDR allocations to a country if the President finds that the country's government has (1) committed genocide in the last 10 years, or (2) repeatedly supported international terrorism.

Current Status of Bill S 3057

Bill S 3057 is currently in the status of Bill Introduced since October 17, 2023. Bill S 3057 was introduced during Congress 118 and was introduced to the Senate on October 17, 2023.  Bill S 3057's most recent activity was Read twice and referred to the Committee on Foreign Relations. as of October 17, 2023

Bipartisan Support of Bill S 3057

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
14
Democrat Cosponsors
0
Republican Cosponsors
14
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3057

Primary Policy Focus

International Affairs

Alternate Title(s) of Bill S 3057

No Dollars for Dictators Act of 2023
No Dollars for Dictators Act of 2023
A bill to prohibit allocations of Special Drawing Rights at the International Monetary Fund for perpetrators of genocide and state sponsors of terrorism without congressional authorization.

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