House · HR 2071 · 119th Congress
Save Our Shrimpers Act
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Summary
This bill tells U.S. representatives at global lending groups to vote against loans for foreign shrimp farming, processing, or exports. It lasts seven years and lets the Treasury Secretary make exceptions if needed. It mainly affects foreign countries that rely on those lenders and U.S. shrimp fishers who compete with imports.
In Favor
Foreign shrimp flooding U.S. markets hurts American shrimp fishers who cannot compete with cheaper imports. This bill blocks global lenders from helping foreign shrimp industries grow even larger. It gives domestic shrimpers a fair chance to stay in business for the next seven years.
Against
Blocking loans for foreign shrimp projects limits what global lenders can do in developing countries. Those countries may lose jobs and income from shrimp industries that support local workers. The U.S. also gives up influence at those lending groups by tying its votes to one industry's interests.
Additional Considerations
Purpose & Problem
Is the problem real and worth federal action?
The bill directs U.S. representatives at global lending groups to vote against loans for shrimp farming, processing, or export in other countries. It targets foreign shrimp industry funding from those institutions.
Scope & Related Provisions
Does it stay focused, or carry unrelated add-ons?
The bill adds two requirements beyond the core voting rule. It conditions U.S. funding to global lending groups on shrimp-related restrictions, and it requires yearly reports on how U.S. representatives follow Treasury instructions.
Who Is Affected
Who benefits, and who bears the cost?
U.S. shrimp producers are the group the bill names as the intended beneficiaries. Foreign countries seeking loans for shrimp industries from global lending groups would face opposition to that funding.
Cost & Funding
Is it affordable and responsibly funded?
The bill does not authorize or appropriate a specific dollar amount. It shifts a duty onto the Treasury Department to enforce conditions on existing U.S. contributions to global lending groups and requires the GAO to produce annual reports.
Risks & Implementation
What could go wrong in practice?
The Secretary of the Treasury can waive the voting requirement by notifying Congress, which could limit how consistently the rule applies. The bill expires after seven years, requiring new action to continue its effect.
For the actual bill text, see congress.gov.
AI-generated · Published 6/5/2026