Bill > HR2071

This bill, titled the "Save Our Shrimpers Act," aims to protect American shrimpers by preventing U.S. taxpayer money from being used to fund foreign shrimp farming operations. Specifically, it requires the Secretary of the Treasury to direct the U.S. representative at international financial institutions – which are organizations that provide loans and other financial assistance to countries, like the World Bank or International Monetary Fund – to vote against any funding for projects related to shrimp farming, processing, or export in other countries. This measure is intended to level the playing field for domestic shrimpers by avoiding competition from foreign operations potentially subsidized by U.S. funds. However, the Secretary of the Treasury can waive this prohibition if it's deemed to be in the national interest of the United States, provided Congress is notified. This provision will remain in effect for seven years from the date the bill becomes law.

Business and Industry

https://www.congress.gov/bill/119th-congress/house-bill/2071/all-info