United States · Bill · S
S. 3622 (109th)
North American Investment Fund Act
Introduced
29 June 2006
Last action
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Status
Read twice and referred to the Committee on Foreign Relations.
Sponsors
—
Subjects
Discovery layer
Source updated
15 August 2025
Summary
North American Investment Fund Act - Authorizes the President to negotiate with Canada and Mexico to create a North American Investment Fund to: (1) increase the global economic competitiveness of North America; (2) promote economic development in Mexico in the areas of infrastructure, education, technology, and job training; and (3) reduce the wealth gap between Mexico and Canada, and between Mexico and the United States. States that the Fund shall: (1) be funded by all three countries, with conditions on U.S. and Canadian contributions based upon revenue measures to be taken by Mexico; and (2) operate for an initial ten-year period, and cease operation unless Canada, Mexico, and the United States agree to its continuation.
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 29 June 2006
Introduced in Senate (PDF)
Introduced in Senate · EN · 29 June 2006
Introduced in Senate
summary · EN · 29 June 2006
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/109th-congress/senate-bill/3622
- Open data entity: https://api.congress.gov/v3/bill/109/s/3622