Politisphere

H.R. 4423: No New Burma Funds Act

A House bill (H.R.) in the 119th U.S. Congress.

Overview

Congress119th U.S. Congress (2025–2026)
TypeHouse bill (H.R.)
Originating chamberHouse
Introduced2025-07-15
SponsorRep. Williams, Nikema [D-GA-5]
Policy areaInternational Affairs
Cosponsors3
Latest action2025-12-02 — Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Last updated2026-07-18

Summary

Official summary (Reported to House, 2025-09-08):

No New Burma Funds Act

This bill requires the U.S. Executive Director at the International Bank for Reconstruction and Development (IBRD) to advocate and vote for a continued pause on IBRD disbursements and new financing commitments to Burma unless the Department of the Treasury determines this is not in the national interest.

The IBRD is one of the two major lending facilities of the World Bank and provides loans, guarantees, risk management products, and advisory services to middle-income countries and some creditworthy low-income countries. The World Bank paused disbursements and new financing to Burma after a 2021 military coup in that country.

Cosponsors (3)

NameParty / state
Young Kim R CA (original cosponsor) 2025-07-15
Monica De La Cruz R TX 2025-07-25
Timothy M. Kennedy D NY 2025-08-19

Full text & official record

The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for H.R. 4423 are published by Congress on congress.gov.

View H.R. 4423 on congress.gov →

Frequently asked questions

What is H.R. 4423?

H.R. 4423 is a House bill (H.R.) introduced in the 119th U.S. Congress, originating in the House. Official title: No New Burma Funds Act.

Where can I read the full bill text?

The full text, cosponsors, amendments, and legislative status for H.R. 4423 are available on congress.gov.

Bill data: congress.gov API (official congressional records).