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United States · Bill · S

S. 384 (104th)

Mexican Debt Disclosure Act of 1995

openUnited States· United States Congress· EN

Introduced

10 February 1995

Last action

Status

Placed on Senate Legislative Calendar under General Orders. Calendar No. 48.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Directs the President, no later than March 1, 1995, and every six months thereafter, to transmit a report to the appropriate congressional committees concerning all U.S. Government loans, credits, guarantees, and currency swaps with Mexico. Requires the President, before extending any loan, credit, guarantee, or currency swap arrangement to Mexico through any U.S. Government monetary facility, to certify to such committees that: (1) there is no projected cost to the United States from the proposed loan, credit, guarantee, or currency swap; (2) all loans, credits, guarantees, and currency swaps are adequately collateralized to ensure that U.S. funds will be repaid; (3) the Mexican Government has undertaken effective efforts to establish an independent central bank or currency control mechanism; and (4) Mexico has in effect a significant economic reform effort.

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Documents

6 official files

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Sources

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