No Russian Agriculture Act
This bill directs the U.S. Treasury Secretary to instruct American representatives at international financial institutions (like the World Bank) to actively support projects that help countries reduce dependence on Russian fertilizer and grain. It requires these institutions to prioritize initiatives strengthening global grain supply chains and attracting private investment in alternative agricultural sources. The law includes a waiver option for the Treasury to bypass these requirements if deemed necessary for U.S. national interests, and it automatically expires after five years unless the President formally requests an extension to Congress. The bill primarily affects how U.S. funds and influence are used within international financial institutions to reshape global agricultural trade patterns.
Bill status
passed
3 of 5 stages cleared
Introduction
Jul 2023
Committee Review
Jan 2024
House Passage
Jan 2024
Senate Passage
President
Introduced Jul 20, 2023
Last action Jan 16, 2024
Maddy AI version diff · 1 comparison
What changed between versions
Introduced in House
→
Engrossed in House
·
1 edit
·
Jan 12, 2024
MINOR
The Engrossed version of HR 4768 (No Russian Agriculture Act) tightens the waiver provision that allows the Secretary of the Treasury to bypass the requirement to advocate for projects reducing reliance on Russian agricultural commodities. The waiver is now limited to specific projects and requires prior notification to Congress, adding a transparency safeguard not present in the introduced version. Remaining changes are formatting corrections.
ENFORCEMENT
The Secretary of the Treasury's waiver authority was narrowed: previously the Secretary could waive the entire advocacy requirement broadly 'in the national interest.' Now the Secretary may only waive with respect to a specific project and must notify Congress that the waiver is in the national interest before doing so.
Floor votes
How they voted
This bill passed the House by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
15
Key actions
3
Committee
4
Amendments
3
Jan 16, 2024
Committee
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
upper
Jan 12, 2024
Introduced
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: 1/11/2024 CR H68-69)
lower
Jan 12, 2024
Lower · Passed
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: 1/11/2024 CR H68-69)
lower
Jan 11, 2024
Introduced
Mr. McHenry moved to suspend the rules and pass the bill, as amended.
lower
Dec 19, 2023
Lower · Passed
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-327.
lower
Jul 26, 2023
Introduced
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 49 - 0.
lower
Jul 26, 2023
Lower · Passed
Committee Consideration and Mark-up Session Held
lower
Jul 20, 2023
Committee
Referred to the House Committee on Financial Services.
lower
Jul 20, 2023
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor
Sponsors
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