This bill is designed to make sure U.S. money doesn't end up supporting countries or groups involved in genocide or terrorism. It does this in two main ways. First, it tells the U.S. representative at the International Monetary Fund to vote against giving Special Drawing Rights (basically emergency money reserves that the IMF creates) to any country that commits genocide or sponsors terrorism. The bill also pushes the IMF to create an official rule against this practice. Second, the bill requires three government agencies—Treasury, State Department, and the international aid agency—to work together to check that money given to nonprofits and international organizations isn't going to the Taliban or other terrorist groups. Any organization that receives this assistance has to prove that all the groups they work with are following U.S. laws against financing terrorism. Essentially, this is about adding extra safeguards to prevent American taxpayer money from inadvertently supporting the very groups and regimes the U.S. opposes.

No Support for Terror Act

Steube, W. Gregory

No Support for Terror ActThis bill establishes measures to prevent the allocation or use of certain funds to support genocide or terrorism.Specifically, the bill requires the Department of the Treasury to instruct the U.S. Executive Director at the International Monetary Fund (IMF) to oppose the allocation of Special Drawing Rights to any country that is a perpetrator of genocide or a state sponsor of terrorism and to advocate that the IMF adopt a rule prohibiting such an allocation.&nbsp;(Special Drawing Rights are international reserve assets created by the IMF to supplement member countries' official foreign exchange reserves.)Further, the bill requires Treasury, the Department of State, and the U.S. Agency for International Development to jointly review and report on assistance provided to nongovernmental organizations and international organization to ensure such assistance is not being provided to the Taliban or other terrorist organizations. Each prime awardee of this assistance must provide evidence that all subawardees are complying with U.S. anti-terrorism financing laws.