A bill to limit the provision of assistance to the Government of Mexico using the exchange stabilization fund established pursuant to section 5302 of title 31, United States Code, and for other purposes.

Summary

Prohibits the President or the Secretary of the Treasury from providing assistance under the exchange stabilization fund to the Government of Mexico, unless the President submits a written statement to the Congress that such Government has: (1) taken immediate action to comply with all outstanding requests for extradition by the United States; (2) enacted and implemented effective laws on money laundering; (3) taken adequate steps to ensure that narcotics or other illegal drug traffickers are not able to acquire any interest in any governmental institution or former institution, including any bank; (4) enacted and implemented effective laws for the inspection and licensing of transportation vehicles, and their owners and operators, to assist in the detection, seizure, and prosecution of such illegal drug traffickers; (5) enacted and implemented effective laws to control the import and export of major precursor chemicals for certain drugs; (6) taken specific action to arrest Mexican drug cartel leaders and others involved in organized crime in Mexico; (7) established a thorough program for the interdiction of illegal drugs flowing across the U.S.-Mexican border, including air transportation of narcotics within Mexico; (8) taken specific action to identify and prosecute civilian and military officials involved in drug trafficking, money laundering, bribery, or other such conduct; and (9) allowed for the seizure, through asset forfeiture, of money and property derived through fraud or any other illegal activity, including illegal drug trafficking.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 30 January 1996

   Introduced

   Read twice and referred to the Committee on Banking.

   Source: IntroReferral

2. 30 January 1996

   Introduced

   Sponsor introductory remarks on measure. (CR S555-558)

   Source: IntroReferral

3. 30 January 1996

   Introduced

   Introduced in Senate

   Source: IntroReferral

4. 28 March 1996

   Committee

   Committee on Banking. Hearings held. Hearings printed: S.Hrg. 104-607.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 30 January 1996 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 30 January 1996

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 30 January 1996

  ViewDownloadOpen at official source

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• Introduced in Senate

  summary · EN · 30 January 1996

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Feinstein, Dianne [D-CA] · D · Sponsor
• Sen. D'Amato, Alfonse [R-NY] · R · Sponsor
• Sen. Inhofe, James M. [R-OK] · R · Sponsor
• Sen. Helms, Jesse [R-NC] · R · Cosponsor
• · ssbk00 · Standing

Related records

• related to → To limit the provision of assistance to the Government of Mexico using the exchange stabilization fund established pursuant to section 5302 of title 31, United States Code, and for other purposes.