GAIN AI Act of 2025

Senate Bill

S. 3150

119th Congress

GAIN AI Act of 2025

In Committee

Introduced:Nov 6, 2025

Primary Sponsor

Rick Scott

R - FL

Cosponsors

1

Quick Stats

Policy Area

International Affairs

Summary

The bill aims to limit the ability of the International Monetary Fund (IMF) to provide financial assistance to certain countries like China, Russia, Iran, and North Korea. It requires the U.S. representatives to the IMF to get Congressional approval before voting to allocate Special Drawing Rights (SDRs) to these countries. It also directs the U.S. representatives to oppose any proposals that would increase the IMF quota or funding for these countries.

Latest Action

Read twice and referred to the Committee on Foreign Relations.

Introduced11/6/2025

StatusRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

ChamberSenate

Data from Congress.gov

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Vote Prediction

GAIN AI Act of 2025

The bill aims to limit the ability of the International Monetary Fund (IMF) to provide financial assistance to certain countries like China, Russia, Iran, and North Korea. It requires the U.S. representatives to the IMF to get Congressional approval before vot

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The bill aims to limit the ability of the International Monetary Fund (IMF) to provide financial assistance to certain countries like China, Russia, Iran, and North Korea. It requires the U.S. representatives to the IMF to get Congressional approval before voting to allocate Special Drawing Rights (SDRs) to these countries. It also directs the U.S. representatives to oppose any proposals that would increase the IMF quota or funding for these countries.

Bill Number: 3150
Introduced: 11/6/2025
Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy Area: International Affairs

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: GAIN AI Act of 2025
Bill Number: 3150
Sponsor: No sponsor
Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced: 11/6/2025
Summary: The bill aims to limit the ability of the International Monetary Fund (IMF) to provide financial assistance to certain countries like China, Russia, Iran, and North Korea. It requires the U.S. representatives to the IMF to get Congressional approval before voting to allocate Special Drawing Rights (

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

The bill aims to limit the ability of the International Monetary Fund (IMF) to provide financial assistance to certain countries like China, Russia, Iran, and North Korea. It requires the U.S. representatives to the IMF to get Congressional approval before voting to allocate Special Drawing Rights (SDRs) to these countries. It also directs the U.S. representatives to oppose any proposals that would increase the IMF quota or funding for these countries.

Last updated: 12/29/2025

Official Summary

Congressional Research Service summary

IMF Accountability Act of 2023 This bill imposes requirements on U.S. representatives to the International Monetary Fund (IMF) with regard to certain issues involving China, Russia, Iran, North Korea, Cuba, Venezuela, Nicaragua, or Afghanistan while under Taliban control. The President or any U.S. representative to the IMF may not vote to allocate Special Drawing Rights (SDR) to any of these countries unless Congress authorizes such a vote. (The SDR is an international reserve asset maintained by the IMF based on contributions from IMF member countries. SDRs may be exchanged between member countries and may also be exchanged for currencies.) The bill also requires the Department of the Treasury to direct U.S. representatives to the IMF to oppose any proposal that (1) increases the IMF quota of any of these countries, or (2) modifies certain policies if the modification would allow the IMF to provide funding to any of these countries. (A country's quota determines, among other things, that country's voting power in IMF decisions and access to IMF financing.)

Key Points

Main provisions of the bill

The bill requires Congressional authorization before U.S. representatives to the IMF can vote to allocate Special Drawing Rights (SDRs) to certain countries like China, Russia, Iran, and North Korea.
The bill directs U.S. representatives to the IMF to oppose any proposals that would increase the IMF quota or funding for the same list of countries.
The goal is to limit the IMF's ability to provide financial assistance to countries the U.S. government considers adversaries or problematic.

How This Impacts Americans

Potential effects on citizens and communities

If this bill becomes law, it would constrain the IMF's flexibility to provide financial support to certain countries, even if the IMF deems it necessary. This could impact the ability of these countries to access global financial resources and may have broader geopolitical and economic implications. The bill would also increase the role of Congress in IMF decision-making, shifting more power away from the executive branch.

Policy Areas

Primary Policy Area

International Affairs

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

3150, 119th Congress (2025). "GAIN AI Act of 2025". Source: Voter's Right Platform. https://votersright.org/bills/118-s-3150

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