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Read twice and referred to the Committee on Foreign Relations.
Introduced May 8, 2025 by Richard Lynn Scott · Last progress May 8, 2025
Directs the Treasury to instruct U.S. Executive Directors at international financial institutions (IFIs) to oppose loans and financing for projects that pose a significant risk of using forced labor in the Xinjiang Uyghur Autonomous Region or that are carried out by state‑owned or heavily state‑influenced entities in Xinjiang. Requires IFIs to explain, for each project, how they vetted and will mitigate forced‑labor risks, adopts the Tariff Act of 1930 definition of forced labor, and establishes a schedule for reports to Congress with public release of those reports.
Also states congressional findings that forced labor and wide repression have been documented in Xinjiang and expresses a U.S. policy goal of working with allies and partners to keep IFIs from funding projects credibly linked to forced labor.
Read twice and referred to the Committee on Foreign Relations.
Introduced in Senate