Save Our Shrimpers Act
Introduced Mar 11, 2025 by Rep. Troy E. Nehls
The House passed it. The Senate has to pass it before it can reach the President.
This bill prohibits federal funds from being made available to international financial institutions (e.g., the International Monetary Fund) for financing activities related to foreign shrimp farms. The bill also requires an annual report on compliance by U.S. leadership of international financial institutions with policies to oppose financing for certain commodities or minerals.
Specifically, the bill requires the Department of the Treasury to condition any provision of federal funds to an international financial institution on the requirement that the funds not be used to finance any activity related to shrimp farming, shrimp processing, or the export of shrimp in any foreign country.
Under current law, Treasury must instruct U.S. leadership of international financial institutions to oppose providing financial assistance for the production or extraction of any commodity or mineral for export if (1) the commodity or mineral is in surplus on world markets, and (2) the export of such commodity or mineral will cause substantial injury to U.S. producers of a competing commodity or mineral (or of the same or a similar commodity or mineral). This bill requires the Government Accountability Office to investigate and annually report to Congress on the extent to which U.S. leadership at these institutions have carried out Treasury's instructions.
Summary by the Congressional Research Service.
- May 13, 2026Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
- May 12, 2026The title of the measure was amended. Agreed to without objection.
- May 12, 2026Motion to reconsider laid on the table Agreed to without objection.
- May 12, 2026On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 391 - 18, 1 Present (Roll no. 156). (text: CR H3352)
- May 12, 2026Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 391 - 18, 1 Present (Roll no. 156). (text: CR H3352)
- May 12, 2026Considered as unfinished business. (consideration: CR H3375-3376)
- May 12, 2026At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
- May 12, 2026DEBATE - The House proceeded with forty minutes of debate on H.R. 2071.
- May 12, 2026Considered under suspension of the rules. (consideration: CR H3352-3353)
- May 12, 2026Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
- Mar 25, 2026Placed on the Union Calendar, Calendar No. 491.
- Mar 25, 2026Reported (Amended) by the Committee on Financial Services. H. Rept. 119-571.
- Mar 4, 2026Ordered to be Reported by the Yeas and Nays: 42 - 1.
- Mar 4, 2026Committee Consideration and Mark-up Session Held
- Mar 11, 2025Referred to the House Committee on Financial Services.
- Mar 11, 2025Introduced in House