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United States · Bill · S

S. 3622 (109th)

North American Investment Fund Act

referredUnited States· United States Congress· EN

Introduced

29 June 2006

Last action

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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Documents

3 official files

Introduced in Senate (text)

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Sources

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