HCONRES 18
104th Congress
House
Finance and Financial Sector
American investments
Commerce
Corporations
Currency devaluation
Economics and Public Finance
Federally-guaranteed loans
Foreign Trade and International Finance
Foreign exchange
Foreign loans
International banking
Latin America
Mexico
Expressing the sense of the Congress that United States investors, lenders, and corporations should assume the full measure of risk and responsibility for their investments and loans in Mexico since the devaluation of the peso on December 21, 1994, and that loan guarantees that are backed by the full faith and credit of the United States and that could result in any direct or indirect financial obligation on the part of United States taxpayers should not be provided to the Mexican Government.
Introduced: January 24, 1995
Introduced by:
Sanders, Bernard
Independent
· Vermont
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 27, 1995
Referred to the Subcommittee on Domestic and International Monetary Policy.
Jan 24, 1995
Referred to the House Committee on Banking and Financial Services.
Jan 24, 1995
Introduced in House
Plain-English summary
Expresses the sense of the Congress that: (1) U.S. investors, lenders, and corporations in the private sector should assume the full measure of risk and responsibility for their investments and loans in Mexico since the devaluation of the peso on December 21, 1994; and (2) loan guarantees that are backed by the full faith and credit of the United States and that could result in any financial obligation on the part of U.S. taxpayers should not be provided to the Mexican Government in the aftermath of the devaluation of the peso.
What's happening now
Referred to the Subcommittee on Domestic and International Monetary Policy.
Committees of jurisdiction
2
Cosponsors
1