No Dollars for Dictators Act of 2023

This bill prohibits the U.S. government from voting to allocate International Monetary Fund (IMF) Special Drawing Rights (SDRs) to countries that have committed genocide within the past decade or are designated as state sponsors of terrorism under specific U.S. laws. It directly affects the U.S. President, agencies, and IMF voting decisions regarding SDR allocations to targeted nations. The key mechanism requires explicit congressional authorization before the U.S. can support such allocations for countries meeting either of these criteria, amending existing IMF voting rules. The law targets nations designated under provisions like the Foreign Assistance Act (22 U.S.C. 2371) or the Arms Export Control Act (22 U.S.C. 2780(d)).