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HR 4423 Passed a chamber

Directs the Treasury Secretary to have the U.S. representative at the World Bank keep the pause on new loans and payments to the Government of Burma, unless the Secretary finds that continuing it is not in the national interest.

Official title: No New Burma Funds Act

Next stop Senate: awaiting action
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced 15-JUL-2025
Referred 15-JUL-2025
Approved by committee 22-JUL-2025
Reported 08-SEP-2025
On the calendar 08-SEP-2025
Passed 01-DEC-2025
Senate
Received 02-DEC-2025
Key points
  • Directs the Treasury Secretary to instruct the U.S. Executive Director at the World Bank to continue the pause on disbursements and new financing commitments to the Government of Burma.
  • Keeps the pause in place unless the Secretary determines that continuing it is not in the national interest.
  • The pause began after a 2021 military coup overthrew the democratically elected Government of Burma.
AI-generated from the Referred in Senate text of 02-DEC-2025 · verify · report an error
Official CRS summary

Covers an older version. The newest CRS summary describes the bill as of "Reported to House" (08-SEP-2025); the text has changed since (Engrossed in House, 01-DEC-2025).

CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov
Committee referrals (2) Policy area

International Affairs

Sponsor Nikema Williams (D-GA) Cosponsors · 3
■ 2 R■ 1 D
1 Democrat