| Home > 106th Congressional Bills > H.R. 2780 (rds) To authorize the Attorney General to provide grants for organizations to find missing adults. [Received in the Senate] ...
H.R. 2780 (rds) To authorize the Attorney General to provide grants for organizations to find missing adults. [Received in the Senate] ...
H. R. 2780
To sunset the Bretton Woods Agreements Act.
IN THE HOUSE OF REPRESENTATIVES
July 17, 2003
Mr. Paul introduced the following bill; which was referred to the
Committee on Financial Services
To sunset the Bretton Woods Agreements Act.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SUNSET OF BRETTON WOODS AGREEMENTS ACT.
The Bretton Woods Agreements Act (22 U.S.C. 286 et seq.) is hereby
repealed 3 years after the date of enactment of this Act.
SEC. 2. SETTLEMENT OF ACCOUNTS.
Not later than 3 years after the date of the enactment of this Act,
the Secretary of the Treasury shall withdraw the United States from the
International Monetary Fund, and shall negotiate an agreement on the
method of settling accounts with the International Monetary Fund.
SEC. 3. REPORT TO THE CONGRESS ON ALTERNATIVES.
On the date that is 2 years after the date of the enactment of this
Act, the Secretary of the Treasury shall submit to the Committee on
Financial Services of the House of Representatives and the Committee on
Foreign Relations of the Senate a report on alternative ways of
addressing the problems that the International Monetary Fund is
designed to address, including reliance on the operation of private
capital markets, merging the International Monetary Fund with the
International Bank for Reconstruction and Development, and establishing
an institution to address such problems in a different manner than the
International Monetary Fund has addressed such problems.
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