H.R. 2071 · Passed House · Foreign Trade and International Finance

Save Our Shrimpers Act

Sponsor: Troy E. Nehls (R-TX)

What it does

• Prohibits federal funds from going to international financial institutions, such as the IMF, for activities related to foreign shrimp farms.
• Requires the Treasury to condition any federal funding to such institutions on the funds not financing shrimp farming, processing, or export in any foreign country.
• Requires the GAO to report annually on whether U.S. leadership at these institutions follows Treasury's instructions to oppose financing for surplus commodities that would injure U.S. producers.

Official summary

Save Our Shrimpers Act This bill prohibits federal funds from being made available to international financial institutions (e.g., the International Monetary Fund) for financing activities related to foreign shrimp farms. The bill also requires an annual report on compliance by U.S. leadership of international financial institutions with policies to oppose financing for certain commodities or minerals. Specifically, the bill requires the Department of the Treasury to condition any provision of federal funds to an international financial institution on the requirement that the funds not be used to finance any activity related to shrimp farming, shrimp processing, or the export of shrimp in any foreign country. Under current law, Treasury must instruct U.S. leadership of international financial institutions to oppose providing financial assistance for the production or extraction of any commodity or mineral for export if (1) the commodity or mineral is in surplus on world markets, and (2) the export of such commodity or mineral will cause substantial injury to U.S. producers of a competing commodity or mineral (or of the same or a similar commodity or mineral). This bill requires…

Latest action

May 13, 2026: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

Committee: Senate Foreign Relations