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119-HR-2071 Journalist Public Summary

119 · HR 2071 Save Our Shrimpers Act

public Foreign Trade and International Finance
Save Our Shrimpers ActThis bill prohibits federal funds from being made available to international financial institutions (e.g., the International Monetary Fund) for financing activities related to...

The Save Our Shrimpers Act (H.R. 2071) would require the United States’ representatives at the World Bank and similar institutions to vote against financing foreign shrimp farms; the House passed it on May 12, 2026, with broad bipartisan support, while backers cite relief for U.S. shrimpers and critics warn it could constrain sustainable aquaculture projects abroad. (congress.gov)

Published
13 May 2026
Updated
13 May 2026
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Public summary · 119th Congress · H.R. 2071
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Public Summary

Headline Summary: A bipartisan House just approved a bill telling U.S. representatives at global development banks to oppose loans for foreign shrimp farming projects. (congress.gov)

What It Does: In plain terms, the bill directs the Department of the Treasury to have U.S. Executive Directors at international financial institutions (like the World Bank and IMF) use America’s “voice and vote” to oppose financing for shrimp farming, shrimp processing, or shrimp exports in other countries. It also calls for regular oversight reports to Congress on whether U.S. officials are following these instructions. (congress.gov)

Who’s For It:

  • A large bipartisan House majority — the bill passed 391–18, with 1 present, on May 12, 2026. (nehls.house.gov)
  • Sponsors and coastal-state lawmakers from both parties (led by Rep. Troy Nehls of Texas, with co-sponsors including members from Louisiana, Texas, the Carolinas, Florida, and Georgia) say it protects U.S. shrimpers from subsidized foreign competition. (congress.gov)
  • Industry groups such as the Southern Shrimp Alliance and the American Shrimp Processors Association publicly back the bill, arguing U.S. funds shouldn’t support overseas operations that compete with domestic fleets. (nehls.house.gov)
  • The House Financial Services Committee advanced the bill 42–1 before floor passage, signaling cross-party support in committee. (docs.house.gov)

Who’s Against It:

  • A small group of House members (18) voted no; objections vary. (nehls.house.gov)
  • Development and food‑security advocates may argue that well‑designed aquaculture projects create jobs, improve nutrition, and can be managed sustainably — so a blanket U.S. “no” vote could undercut beneficial projects. (worldbank.org)
  • Multilateral lenders emphasize policies for sustainable, climate‑smart aquaculture and mangrove protection, suggesting the focus should be on raising standards rather than blocking all shrimp‑related financing. (worldbank.org)

What’s Next: After House passage on May 12, 2026, the bill moves to the Senate for consideration; if approved there, any differences would be reconciled before going to the President.

House vote (yeas)
391votes
House vote (nays)
18votes
Present
1vote

Discussion