1. Short title This Act may be cited as the International Financial Institution Counter Terrorism Accountability Act . 2. Report on international financial institution focus on terrorist financing (a) In general Within 180 days after the date of the enactment of this Act, the Secretary of the Treasury shall submit to the Congress a written report that includes the following: (1) A list of the countries supported by the International Bank for Reconstruction and Development (in this Act referred to as the World Bank ) and the International Monetary Fund (in this Act referred to as the IMF ). (2) A list of the activities and programs that the World Bank and the IMF provide to member countries to combat terrorist financing and anti-money laundering activities. (3) The total amount spent by the World Bank and the IMF on providing the activities and programs referred to in paragraph (2), and the total amount of Federal funds used for the activities and programs in the 10-year period ending with such date of enactment. (4) An evaluation of the effectiveness of the activities and programs. (b) Recommendations Within 90 days after submitting to the Congress the report required by subsection (a), the Secretary of the Treasury shall, based on the information in the report, develop recommendations for measures to be implemented by the World Bank and the IMF which would enhance the efforts of the World Bank and the IMF to combat terrorist financing and anti-money laundering activities, and instruct the United States Executive Directors at the World Bank and the IMF to advocate for their respective institutions to implement the measures.