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H.R. 9713

U.S. House•In House Committee

Summary

H.R. 9713, the No More Debt Relief to China Act, was introduced in the House on Jul 15, 2026 by Rep. Scott Perry (R). It was referred to Financial Services, and last saw action on Jul 15, 2026: Referred to the House Committee on Financial Services.

Record

Text

H.R. 9713 has no co-sponsors and has not gone to a roll call.

hb9713/introduced-in-house.txt
119 HR 9713 IH: No More Debt Relief to China Act
 U.S. House of Representatives
 2026-07-15
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I  119th CONGRESS  2d Session  H. R. 9713  IN THE HOUSE OF REPRESENTATIVES   July 15, 2026   Mr. Perry  introduced the following bill; which was referred to the  Committee on Financial Services    A BILL
To remove the United States from the International Monetary Fund, the World Bank Group, or the Asian Development Bank if such an institution assists in providing debt relief to the People’s Republic of China, and for other purposes.
1.
Short title
This Act may be cited as the   No More Debt Relief to China Act  .
2.
Withdrawal of United States from certain international financial institutions if such an institution provides debt relief to, or eases a debt relief burden of, the People's Republic of China
(a)
In general
(1)
Withdrawal from the International Monetary Fund
The Secretary of the Treasury shall immediately transmit to the International Monetary Fund a written notice of the withdrawal of the United States from the International Monetary Fund if the Secretary determines that the International Monetary Fund has provided any relief to the People's Republic of China with respect to any loan made, in whole or in part, by the International Monetary Fund to the People's Republic of China.
(2)
Withdrawal from the World Bank Group or the Asian Development Bank
The Secretary of the Treasury shall immediately transmit to each institution in the World Bank Group or the Asian Development Bank a written notice of the withdrawal of the United States from each institution in the World Bank Group or the Asian Development Bank, respectively, if the Secretary of the Treasury determines that an institution in the World Bank Group or the Asian Development Bank, respectively—
(A)
has provided any relief to a country with respect to any loan made, in whole or in part, by the respective institution to the country; and
(B)
the provision of the relief has aided the People's Republic of China in providing relief to the country with respect to any loan made, in whole or in part, by the People's Republic of China to the country.
(b)
Completion of withdrawal
Within 60 days after the transmission of a notice under subsection (a), the Secretary of the Treasury shall complete the process of withdrawing the United States from the institution involved.
(c)
Report to Congress
If the Secretary of the Treasury does not comply with subsection (b), the President of the United States shall submit to the Congress a report specifying the reasons for the noncompliance within 30 days after the end of the 60-day period provided in subsection (b).
(d)
Prohibition on re-Joining
The United States may not become a member of any institution from which the United States has withdrawn pursuant to this section.
3.
Opposition of IMF relief for the People’s Republic of China
The Secretary of the Treasury shall instruct the United States Executive Director at the International Monetary Fund to use the voice and vote of the United States to oppose the provision by the International Monetary fund of any relief described in section 2(a).
4.
Monthly report on financial transactions made by the International Monetary Fund, the World Bank Group, or the Asian Development Bank
The Secretary of the Treasury shall obtain from the International Monetary Fund, each institution in the World Bank Group, and the Asian Development Bank a monthly report on all financial transactions made by the respective institution, including any funds provided to the People's Republic of China, or debt of the People's Republic of China that has been forgiven, in the month covered by the report, and on receipt of any such report shall transmit the report to the Congress.
5.
Congressional authority to direct United States policy in international financial institutions
It is the policy of the United States that the Congress has the authority to direct the actions of the United States in any international financial institution (as defined in section 1701(c)(2) of the International Financial Institutions Act).

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2026-07-15
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

To remove the United States from the International Monetary Fund, the World Bank Group, or the Asian Development Bank if such an institution assists in providing debt relief to the People's Republic of China, and for other purposes.

Sponsors

Rep. Scott Perry (R) sponsors H.R. 9713 alone.

Scott Perry

Rep. · R–PA-10 · Sponsor

Committees

H.R. 9713 went before 1 committee: Financial Services.

Financial Services
Financial Services
Referred To · Jul 15, 2026 · 559 Bills

Actions

H.R. 9713 has taken 2 actions since Jul 15, 2026.

ChamberAction
Jul 15, 2026
House
Introduced in House
Jul 15, 2026
House
Referred to the House Committee on Financial Services.Financial Services Committee

Votes

H.R. 9713 has not gone to a roll call.

Titles

H.R. 9713 goes by 3 titles, 1 of them short titles.

  • No More Debt Relief to China Act — Display Title
  • No More Debt Relief to China Act — Short Title(s) as Introduced
  • To remove the United States from the International Monetary Fund, the World Bank Group, or the Asian Development Bank if such an institution assists in providing debt relief to the People's Republic of China, and for other purposes. — Official Title as Introduced

Classification

The Congressional Research Service files H.R. 9713 under International Affairs, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 9713’s is International Affairs.

hr9713/policy-areas.txt
International AffairsAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 9713, as entered in the Congressional Record.

[Congressional Record Volume 172, Number 115 (Wednesday, July 15, 2026)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. PERRY:H.R. 9713.Congress has the power to enact this legislation pursuantto the following:Article 1 Section 8 of the United States Constitution[Page H4545]

Source: congress.gov · legiscan.com