Save Our Shrimpers Act
Sponsored By: Senator Hyde-Smith, Cindy [R-MS]
Introduced
Summary
Blocks U.S. support for multilateral bank funding of shrimp farming, processing, and shrimp export projects. This bill would direct the Secretary of the Treasury to instruct the U.S. Executive Director at each international financial institution to oppose any financial assistance for shrimp-related projects in borrowing countries. It would allow the Secretary to waive that instruction by notifying Congress that a waiver is in the national interest, and the prohibition would expire seven years after enactment.
Show full summary
- Borrowing-country shrimp producers and processors: Would face U.S. opposition to international financial institution loans for projects to build or expand shrimp farms, processing plants, or export facilities.
- International financial institutions: Would encounter a formal U.S. voice and vote against shrimp-related lending at the Executive Director level.
- Treasury and Congress: Treasury would have authority to grant a waiver for a project if it notifies Congress that the waiver serves the national interest, creating a single-point waiver process.
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Limit international financing for shrimp projects
This bill would tell the Treasury Secretary to instruct U.S. Executive Directors at international financial institutions to oppose loans or other financial help for projects that support shrimp farming, shrimp processing, or shrimp exports in borrowing countries. The restriction would apply to projects funded or supported by international financial institutions (as defined in law). The Secretary could waive the rule for a specific project by notifying Congress that the waiver is in the national interest. The opposition requirement would begin on enactment and would end seven years after the date of enactment.
Sponsors & CoSponsors
Sponsor
Hyde-Smith, Cindy [R-MS]
MS • R
Cosponsors
Sen. Britt, Katie Boyd [R-AL]
AL • R
Sponsored 6/17/2026
Sen. Kennedy, John [R-LA]
LA • R
Sponsored 6/17/2026
Sen. Cassidy, Bill [R-LA]
LA • R
Sponsored 6/18/2026
Sen. Scott, Rick [R-FL]
FL • R
Sponsored 6/24/2026
Sen. Wicker, Roger F. [R-MS]
MS • R
Sponsored 6/24/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov