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H.R. 1764: Aligning SEC Regulations for the World Bank’s International Development Association Act

119th Congress · introduced 2025-03-03 · Finance and Financial Sector · Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

federal

What does this mean?

Official title

Aligning SEC Regulations for the World Bank’s International Development Association Act

Plain summary

Aligning SEC Regulations for the World Bank's International Development Association Act This bill exempts from securities regulations any securities issued by the International Development Association (IDA) of the World Bank. The association provides loans and grants to developing countries. The Securities and Exchange Commission may suspend this exemption at any time. The bill does not apply if, before the bill's date of enactment, the Department of the Treasury reports that IDA is providing financial support to a country whose government has repeatedly provided support for acts of international terrorism, as determined by the Department of State.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

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A “Nay” vote

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What does this mean? (plain words)

Official text

Aligning SEC Regulations for the World Bank’s International Development Association Act

Source: Congressional Research Service summary (Introduced in House)

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Officials and money

Sponsor: Rep. Waters, Maxine [D-CA-43] · 0 cosponsors

Cost estimate: CBO cost estimate: H.R. 1764, Aligning SEC Regulations for the World Bank’s International Development Association Act (2025-04-07)

Sponsor's campaign money: Rep. Waters, Maxine [D-CA-43] reported raising $1.1 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

Words on this page, explained (4)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Exemption
A rule that removes certain people, property or activities from a tax or requirement.
Rulemaking
The process agencies use to write regulations that carry out laws passed by Congress or a legislature. Usually an agency publishes a proposed rule, takes public comments, then publishes a final rule.
Securities
Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong119-hr1764 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills