No New Burma Funds Act
Summary
What This Bill Does
The No New Burma Funds Act directs the Secretary of the Treasury to instruct the U.S. Executive Director at the International Bank for Reconstruction and Development, commonly known as the World Bank, to keep using the voice and vote of the United States to continue the World Bank's pause on disbursements and new financing commitments to the Government of Burma. That pause began after the 2021 military coup overthrew Burma's democratically elected government. In the passed House text, Treasury may stop directing that position only if the Secretary determines that continuing the pause is not in the national interest.
The bill does not create a new sanctions program or directly seize funds. It locks in U.S. policy at the World Bank: no new IBRD disbursements or financing commitments to the Burmese military government unless Treasury makes the national-interest determination.
Who Benefits and How
Burmese democracy supporters, Myanmar civil society groups opposing military rule, human rights advocates, members of Burma's displaced communities, U.S. lawmakers overseeing Burma policy, and Treasury officials seeking statutory backing for a World Bank pause benefit because the bill keeps U.S. voting power aligned against financing the military junta after the 2021 coup.
Who Bears the Burden and How
Burma's military government, the State Administration Council, World Bank project sponsors tied to the Government of Burma, Burmese ministries seeking IBRD financing, the U.S. Executive Director at the World Bank, Treasury international-finance staff, and potentially Burmese civilians who would have received benefits from paused World Bank projects must comply with or bear the effects of continued blocked disbursements and new financing commitments.
Key Provisions
- Requires Treasury to direct the U.S. World Bank Executive Director to continue the pause on disbursements to the Government of Burma.
- Requires the U.S. position against new World Bank financing commitments to the Government of Burma.
- Restricts disbursements and financing commitments tied to the military government after the 2021 coup.
- Provides a national-interest exception controlled by the Secretary of the Treasury.
- Establishes U.S. voting instructions at the International Bank for Reconstruction and Development.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
Requires Treasury to direct the U.S. Executive Director at the World Bank to use U.S. voice and vote to continue pausing disbursements and new financing commitments to Burma's military government after the 2021 coup, unless Treasury determines the pause is not in the national interest.
Key Policy Areas
Foreign Affairs, Human Rights, International Finance
Primary Purpose
Requires Treasury to direct the U.S. Executive Director at the World Bank to use U.S. voice and vote to continue pausing disbursements and new financing commitments to Burma's military government after the 2021 coup, unless Treasury determines the pause is not in the national interest.
Policy Domains
Substantive provisions
Identified Gains
- Burmese democracy supporters
- Myanmar civil society groups opposing military rule
- Human rights advocates
- Members of Burma's displaced communities
- U.S. lawmakers overseeing Burma policy
- Treasury officials seeking statutory backing
Identified Costs
- Burma's military government
- State Administration Council
- World Bank project sponsors tied to the Government of Burma
- Burmese ministries seeking IBRD financing
- U.S. Executive Director at the World Bank
- Treasury international-finance staff
- Burmese civilians affected by paused projects
Sponsors
Legislative Progress
Passed HouseReceived; read twice and referred to the Committee on Foreign …
Passed House (inferred from eh version)
Received in the Senate and Read twice and referred to …
At the conclusion of debate, the Yeas and Nays were …
Motion to reconsider laid on the table Agreed to without …
On motion to suspend the rules and pass the bill, …
Passed/agreed to in House: On motion to suspend the rules …
Considered as unfinished business. (text: CR H4954-4955)
DEBATE - The House proceeded with forty minutes of debate …
Considered under suspension of the rules. (consideration: CR H4945-4947)
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Burma's military government, Burmese ministries seeking IBRD financing, State Administration Council
Burmese democracy supporters, Myanmar civil society groups opposing military rule
Burmese civilians affected by paused projects
On Motion to Suspend the Rules and Pass, as Amended
No New Burma Funds Act
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "ibrd"
- → International Bank for Reconstruction and Development
- "treasury"
- → Secretary of the Treasury
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology