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Congress·In Progress·H.R. 2071

Shrimp Industry: Ban on Funding for Foreign Competitors

Save Our Shrimpers Act

about 1 year ago·View on Congress.gov

Legislative Progress

House
Senate
President
Law

Key Points

  • This bill stops U.S. tax dollars from being sent to international banks if that money is used to help foreign shrimp businesses. It covers everything from building foreign shrimp farms to processing and shipping shrimp to other countries.
  • American shrimpers, especially in coastal states like Texas, Louisiana, and Florida, are the main group affected. They often struggle to compete with cheap shrimp imported from overseas that is sometimes supported by international loans.
  • The goal is to protect the U.S. shrimp industry from unfair competition. By cutting off these loans, the bill aims to make sure the U.S. government isn't accidentally helping foreign companies put American shrimpers out of business.
  • The government will also have to check in every year to make sure this is actually happening. A watchdog group will investigate and write a report to confirm that U.S. officials at international banks are following these new rules.

Milestones

3 milestones4 actions
Mar 4, 2026House

Ordered to be Reported by the Yeas and Nays: 42 - 1.

Mar 4, 2026House

Committee Consideration and Mark-up Session Held

Mar 11, 2025House

Referred to the House Committee on Financial Services.

Mar 11, 2025

Introduced in House

Source Information

Document Type

Congressional Bill

Official Title

Save Our Shrimpers Act

Bill NumberHR 2071
Congress119th Congress
ChamberHouse of Representatives
Latest ActionOrdered to be Reported by the Yeas and Nays: 42 - 1.

Sponsor

Cosponsors

(20)
D: 3R: 17

Analysis generated by AI. Always verify with official sources.