Save Our Shrimpers Act

Bill Number: S. 4805
Origin Chamber: Senate
Congress: 119th Congress, Session 2
Policy Area: Foreign Trade and International Finance
Status: Introduced
Latest Action: 2026-06-17: Read twice and referred to the Committee on Foreign Relations.
Last Updated: 2026-07-07T13:21:30Z

AI-Generated Summary

Save Our Shrimpers Act (S. 4805)

Purpose

The legislation directs U.S. representatives at international financial institutions to block funding for shrimp farming, processing, or export projects in other countries, aiming to limit foreign competition with domestic U.S. shrimp producers.

Key Provisions

The Secretary of the Treasury must instruct U.S. Executive Directors at each international financial institution to use the U.S. voice and vote to oppose any financial assistance for shrimp-related projects.
A waiver is available if the Secretary determines the project serves the national interest of the United States and notifies Congress.
The requirement expires automatically after seven years from the date of enactment.

Significant Changes to Existing Law

This bill introduces a new, time-limited mandate on U.S. participation in international financial institutions. It adds a specific prohibition on supporting shrimp production projects that did not previously exist in statute.

Potential Impacts

Government agencies: Requires ongoing coordination between the Department of the Treasury and U.S. representatives at international financial institutions.
Citizens: May benefit U.S. shrimp producers by reducing subsidized foreign production; could indirectly affect U.S. consumers through changes in global shrimp supply.
International relations: May limit development financing for shrimp industries in borrowing countries and could influence diplomatic or economic ties with nations that rely on such projects.

Main Stakeholders Affected

U.S. shrimp industry and domestic producers.
Department of the Treasury and U.S. Executive Directors at international financial institutions.
Borrowing countries seeking financing for shrimp-related activities.
Congress (due to waiver notification requirements).

Notable Legal, Constitutional, or Political Implications

The bill creates a temporary policy directive rather than a permanent statutory change. The national-interest waiver and seven-year sunset provision allow flexibility while embedding congressional oversight. No constitutional issues are addressed in the text.

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Sen. Hyde-Smith, Cindy [R-MS]

Cosponsors (5)

Sen. Britt, Katie Boyd [R-AL], Sen. Kennedy, John [R-LA], Sen. Cassidy, Bill [R-LA], Sen. Scott, Rick [R-FL], Sen. Wicker, Roger F. [R-MS]