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No New Burma Funds Act

12/3/2025, 11:56 AM

Summary of Bill HR 4423

The bill titled "To continue the pause on disbursements and new financing commitments to the Government of Burma," introduced in the 119th Congress on July 15, 2025, aims to extend the halt on providing funds and entering into new financial agreements with the Government of Burma.

Congressional Summary of HR 4423

No New Burma Funds Act

This bill requires the U.S. Executive Director at the International Bank for Reconstruction and Development (IBRD) to advocate and vote for a continued pause on IBRD disbursements and new financing commitments to Burma unless the Department of the Treasury determines this is not in the national interest.

The IBRD is one of the two major lending facilities of the World Bank and provides loans, guarantees, risk management products, and advisory services to middle-income countries and some creditworthy low-income countries. The World Bank paused disbursements and new financing to Burma after a 2021 military coup in that country.

Read the Full Bill

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Current Status of Bill HR 4423

Bill HR 4423 is currently in the status of Bill Introduced since July 15, 2025. Bill HR 4423 was introduced during Congress 119 and was introduced to the House on July 15, 2025.  Bill HR 4423's most recent activity was Received in the Senate and Read twice and referred to the Committee on Foreign Relations. as of December 2, 2025

Bipartisan Support of Bill HR 4423

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
1
Republican Cosponsors
5
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4423

Primary Policy Focus

International Affairs

Alternate Title(s) of Bill HR 4423

To continue the pause on disbursements and new financing commitments to the Government of Burma.
To continue the pause on disbursements and new financing commitments to the Government of Burma.

Comments

Marcelo Schwarz profile image

Marcelo Schwarz

592

6 months ago

I don't like this bill, it's gonna mess things up for us. #notgood

Owen Stout profile image

Owen Stout

632

6 months ago

I can't believe this bill passed. It's about time we stop funding that country. It's a step in the right direction. #HRBill4423

Leland Rollins profile image

Leland Rollins

803

6 months ago

This bill is bad news for us. It stops funds going to Burma, which means less money for our businesses. Why are they doing this to us? It's not fair. We need those funds to keep our economy strong. This bill is a disaster.

Kartier Wolf profile image

Kartier Wolf

651

6 months ago

I don't know much about this bill, but it sounds like a good idea to stop funding Burma. It's about time we stop wasting money on other countries.

Musa Curtis profile image

Musa Curtis

684

6 months ago

This bill good for us. Who benefits from this?

Leah Olson profile image

Leah Olson

633

7 months ago

This bill is good for us. It stops money going to Burma. They don't deserve it. It's about time we put our foot down.

Cynthia Hartman profile image

Cynthia Hartman

738

6 months ago

I think this bill is really good for our country. It will help with things and make stuff better. I'm glad they are doing this.

Nasir Byrd profile image

Nasir Byrd

582

7 months ago

I'm so happy about this new bill! It's gonna help stop bad stuff from happening in Burma. I think it's really important to support this and make sure it passes. This is a good thing for everyone.

Sponsors and Cosponsors of HR 4423

Nikema Williams
Nikema Williams
GeorgiaDemocrat
Young Kim
Young Kim
CaliforniaRepublican
Monica De La Cruz
Monica De La Cruz
TexasRepublican
Timothy M. Kennedy
Timothy M. Kennedy
New YorkDemocrat

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