No Funds for Forced Labor Act

This bill directs the U.S. Treasury to instruct American representatives at international financial institutions (like the World Bank) to oppose loans for projects that pose a risk of using forced labor, particularly those involving state-run entities in Xinjiang, China. It requires these institutions to vet projects for forced labor risks, detail mitigation efforts, and report annually to Congress on projects where forced labor could occur. The law specifically targets projects linked to Xinjiang’s forced labor concerns, as documented by Congress and international bodies. It does not ban all Chinese projects but mandates U.S. opposition to loans with significant forced labor risks.