Summary: H.Res.355 — 107th Congress (2001-2002)All Information (Except Text)

There is one summary for H.Res.355. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (03/05/2002)

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.