Bills · HR 1764
PASSED HOUSE· 119TH CONGRESS
House BillHR 1764SecuritiesMultilateral development programs
Aligning SEC Regulations for the World Bank’s International Development Association Act
INTRO MAR 3· LAST ACTION JUL 22
READING
3MIN
COSPONSORS
0
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- One chamber only
LEGISLATIVE PROGRESS
STEP 4 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it could streamline how a major international development organization, the IDA, raises money to fund projects in the world's poorest countries. By reducing regulatory hurdles, the IDA might be able to secure funds more efficiently, which could translate into more resources for critical development initiatives like health, education, and infrastructure globally. Without this bill, the IDA continues to face more extensive U.S. regulatory requirements than other similar multilateral institutions, potentially increasing its costs and slowing down its fundraising efforts.
Voters should care because it represents a policy choice balancing regulatory oversight with the facilitation of international development and U.S. foreign policy interests. While it could ease the flow of capital to development projects, it also changes the level of upfront disclosure for investors in IDA securities. The inclusion of a provision related to countries supporting terrorism also connects this financial legislation to broader national security concerns, indicating U.S. scrutiny over where international funds are directed.
KEY PROVISIONS
4AI-extractedPROVISION 01
Treats securities issued by the International Development Association (IDA) as "exempted securities" under U.S. securities laws.
This change reduces the regulatory burden for the IDA, making it easier and potentially cheaper for them to issue bonds in the U.S. financial markets.
PROVISION 02
Requires the IDA to continue filing annual and other reports with the Securities and Exchange Commission (SEC).
This ensures that despite the exemption, there is still ongoing transparency and oversight of IDA's financial activities for investor protection.
PROVISION 03
Grants the SEC authority to suspend the exemption for IDA securities at any time, after consultation.
This provides a crucial safeguard, allowing the SEC to reintroduce full regulatory oversight if concerns arise about the IDA's operations or investor protection.
PROVISION 04
Prevents the exemption from taking effect if the IDA provides financial assistance to countries that repeatedly support international terrorism.
This provision links the financial regulatory change to U.S. foreign policy and national security interests, preventing aid to adversaries.
SPONSORSHIP
1 + 0
D· California
YRS IN OFFICE
35
BILLS LED
44
ACTION TIMELINE
13 EVENTSJUL 22
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
JUL 21
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
JUL 21
Considered under suspension of the rules. (consideration: CR H3513-3514)
JUL 21
DEBATE - The House proceeded with forty minutes of debate on H.R. 1764.
BILL INFO
TypeHouse Bill
NumberHR 1764
Congress119th
StatusPassed House
IntroducedMar 3, 2025
Last actionJul 22, 2025
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PASSED HOUSE· 119TH CONGRESS · FINANCIAL SERVICES COMMITTEE · INTRODUCED MAR 3, 2025
House BillHR 1764SecuritiesMultilateral development programs
Aligning SEC Regulations for the World Bank’s International Development Association Act
INTRODUCED MAR 3, 2025· LAST ACTION JUL 22, 2025
PASSAGE CHANCES
—%
READING
3 min
COSPONSORS
0
COMPLEXITY
Moderate
