SADD Act

I 116TH CONGRESS 1ST SESSION H. R. 4961 To limit financial support for certain international energy projects. IN THE HOUSE OF REPRESENTATIVES OCTOBER 31, 2019 Mr. HUFFMAN (for himself, Ms. TLAIB, and Ms. BARRAGA´N) introduced the following bill; which was referred to the Committee on Appropriations, and in addition to the Committees on Financial Services, and Foreign Af- fairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To limit financial support for certain international energy projects. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Standing Against 4 Dirty Diplomacy Act’’ or the ‘‘SADD Act’’. 5 SEC. 2. DEFINITION OF FOSSIL FUEL PROJECT. 6 In this Act, the term ‘‘fossil fuel project’’ means a 7 project that— 8 VerDate Sep 11 2014 04:00 Nov 08, 2019 Jkt 099200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H4961.IH H4961 kjohnson on DSK79L0C42 with BILLS 2 •HR 4961 IH (1) is designed to extract, refine, or produce 1 coal, petroleum, natural gas, or any derivative of 2 coal, petroleum, or natural gas that is used for fuel; 3 (2) is designed, in whole or in part, for the 4 transportation of coal, petroleum, natural gas, or 5 any derivative of coal, petroleum, or natural gas that 6 is used for fuel; or 7 (3) is designed to generate electricity, and 8 would use as a fuel source coal, petroleum, natural 9 gas, or any derivative of coal, petroleum, or natural 10 gas. 11 SEC. 3. LIMITATION ON FUNDING OF INTERNATIONAL 12 DIRTY ENERGY PROJECTS. 13 (a) RESCISSION.—There are rescinded all unobli- 14 gated balances of amounts made available— 15 (1) to the United States International Develop- 16 ment Finance Corporation, the Trade and Develop- 17 ment Agency, or the Export-Import Bank of the 18 United States to carry out any project, transaction, 19 or other activity that supports a fossil fuel project; 20 or 21 (2) for payment to the International Bank for 22 Reconstruction and Development and the Inter- 23 national Development Association (in this Act, col- 24 lectively known as the ‘‘World Bank’’) or any other 25 VerDate Sep 11 2014 04:00 Nov 08, 2019 Jkt 099200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H4961.IH H4961 kjohnson on DSK79L0C42 with BILLS 3 •HR 4961 IH international financial institution (as defined in sec- 1 tion 1701(c)(2) of the International Financial Insti- 2 tutions Act (22 U.S.C. 262r(c)(2))) to carry out any 3 project, transaction, or activity that supports a fossil 4 fuel project. 5 (b) LIMITATION ON USE OF SUBSEQUENTLY APPRO- 6 PRIATED FUNDS.—Any amounts appropriated on or after 7 the date of the enactment of this Act for the United States 8 International Development Finance Corporation, the 9 Overseas Private Investment Corporation, or the Export- 10 Import Bank of the United States, and any amounts ap- 11 propriated on or after the date of enactment of this Act 12 for payment to the World Bank or any other international 13 financial institution (as so defined) shall not be made 14 available to any such entity until the date on which the 15 Secretary of the Treasury has certified to the Congress 16 that the payee has policies in place to ensure that the 17 amounts are not used to carry out any fossil fuel project. 18 Æ VerDate Sep 11 2014 04:00 Nov 08, 2019 Jkt 099200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6301 E:\BILLS\H4961.IH H4961 kjohnson on DSK79L0C42 with BILLS