The record

LegislationLegislation· Dec 2025
HR 4423 Passed House — in Senate

Sponsored by Nikema Williams (D)

No New Burma Funds Act

Directs the US to push the World Bank to keep pausing loans to Burma.

Tradeoff

Requires the US to advocate for continuing a World Bank lending freeze to Burma's military government. The Treasury Secretary can override this if pausing loans harms US national interest.

What's in it

See official bill text

Costs less than $500,000 over the 2026-2030 period.

The $500,000 is the estimated federal cost to conduct diplomatic advocacy at the World Bank — the policy's real impact falls on Burma through reduced access to multilateral development financing.

H.R. 4423, No New Burma Funds Act · Nov 2025

The House passed this 385-0 on December 1, 2025. It is now in the Senate.

  1. House

    Introduced

    (Jul 15, 2025)

  2. House

    Committee on Financial Services(Jul 15, 2025)

  3. House

    The Committee on Financial Services voted to send it to the floor

    Reported 54 - 0(Jul 22, 2025)

    Committee report H. Rept. 119-245.

  4. House

    On Motion to and Pass, as Amended

    Passed(Roll #307 · Dec 1, 2025)

    385 yeanay 0

  5. Senate

    Received from the House

    on Foreign Relations(Dec 2, 2025)

Passage votes so far· Dec 1, 2025· 119th Congress · 2025–2027