# 119-hr-1764: Aligning SEC Regulations for the World Bank’s International Development Association Act

119-hr-1764, Aligning SEC Regulations for the World Bank’s International Development Association Act, is a 119th Congress bill sponsored by Rep. Waters, Maxine [D-CA-43] (D-CA); status passed_house; PRIA reads it as touching household money (as of 2026-07-19).

- Canonical: https://policyrisk.com/legislation/119-hr-1764
- As of: 2026-07-19
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-1764
- Congress: 119
- Title: Aligning SEC Regulations for the World Bank’s International Development Association Act
- Status: passed_house
- Introduced: 2025-03-03
- Sponsor: Rep. Waters, Maxine [D-CA-43] (D-CA)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-07-19

## Summary

**Exempts International Development Association securities from U.S. securities laws.** This bill would treat IDA-issued securities and securities guaranteed by the IDA as exempt under the Securities Act of 1933 and the Securities Exchange Act of 1934 while letting the Securities and Exchange Commission set appropriate reporting rules, suspend the exemption, and with an effective date 30 days after enactment unless the Treasury reports IDA is providing assistance to terrorism-designated governments. - Investors: IDA bonds would be classified as "exempted securities," changing which U.S. registration and disclosure rules apply. The IDA must still file annual and other reports as the SEC requires. - IDA and borrowers: The carve-out explicitly covers any securities issued by the IDA and any securities guaranteed by the IDA for principal and interest, clarifying the U.S. legal status of IDA-backed debt. - Oversight and security: The SEC may suspend the exemption for any or all IDA securities and will report to Congress on how the exemption is working. The exemption will not take effect if Treasury reports pre-effective-date that the IDA is aiding governments the Secretary of State has identified for repeatedly supporting terrorism.

## Provisions PRIA read

- Easier SEC rules for World Bank IDA bonds: benefit, high. The bill would exempt World Bank IDA bonds and other securities from normal SEC registration. This would also cover securities that IDA guarantees. The SEC could still require yearly or other reports from IDA to protect investors. The SEC, after consulting the National Advisory Council on Internati…

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-6771: Housing Crisis Response Act of 2025
- 119-hr-7977: Energy Bills Relief Act
- 119-hres-1299: Providing for the concurrence by the House in the Senate amendment to H.R. 6644, with amendment.
- 119-hr-7481: Department of Homeland Security Appropriations Act, 2026

## Sources
- [119-hr-1764 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/1764)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-6771: Housing Crisis Response Act of 2025](https://policyrisk.com/legislation/119-hr-6771)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hres-1299: Providing for the concurrence by the House in the Senate amendment to H.R. 6644…](https://policyrisk.com/legislation/119-hres-1299)
- [119-hr-7481: Department of Homeland Security Appropriations Act, 2026](https://policyrisk.com/legislation/119-hr-7481)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-1764 (as of 2026-07-19).