Expressing the sense of the House of Representatives with regard to negotiations between the United States Government and the governments of Mexico and Canada with regard to the North American Development Bank and the Border Environmental Cooperation Commission.
Specifies goals for the U.S. Government to achieve in negotiations with the Governments of Mexico and Canada with regard to the North American Development Bank (NADB) and the Border Environmental Cooperation Commission (BECC), including: (1) maintaining NADB and BECC as separate entities; (2) devoting $150 to $200 million of NADB's paid-in capital to the low-interest financing facility to provide lower interest rates for border environmental infrastructure projects; (3) increasing the U.S. contribution to the Border Environmental Infrastructure Grant Fund; and (4) requiring a third party to conduct a comprehensive review of NADB and BECC to study where structural inefficiencies should be improved.
Actions
Mar 18, 2002
Referred to the Subcommittee on International Monetary Policy and Trade.
Mar 5, 2002
Referred to the House Committee on Financial Services.