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H.R. 5664 98th Congress House

United States-Mexico Joint Development Bank Act

Official title: A bill to establish a United States- Mexico Joint Development Bank.

Introduced: May 15, 1984 See on congress.gov
Foreign Trade and International Finance Development credit institutionsFinance and Financial SectorForeign Trade and InvestmentsInternational agenciesMexico
This bill died when the 98th Congress ended
It never became law before the 98th Congress (1983–1984) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 25, 1984
Referred to Subcommittee on Western Hemisphere Affairs.
May 25, 1984
Referred to Subcommittee on International Economic Policy and Trade.
May 15, 1984
Referred to House Committee on Foreign Affairs.
May 15, 1984
Referred to Subcommittee on International Development Institutions and Finance.
May 15, 1984
Referred to House Committee on Banking, Finance and Urban Affairs.
May 15, 1984
Introduced in House
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 Latest action May 25, 1984

Referred to Subcommittee on Western Hemisphere Affairs.

 Plain-English summary Congressional Research Service

United States-Mexico Joint Development Bank Act - Authorizes the President to enter into an agreement with Mexico to establish a United States-Mexico Joint Development Bank (the Bank) to make economic development loans in Mexico and in the border region of the United States. Sets forth information that shall be included in the agreement, including the requirement that: (1) assistance provided by the Bank shall be directed at improving employment opportunities and enhancing the economic development of the geographic and economic sectors of Mexico which are the major sources of undocumented Mexican nationals who enter the United States; and (2) the United States and Mexico contribute equally to the Bank.

Directs the President to appoint the U.S. Directors of the Bank. Authorizes the Secretary of the Treasury, upon the United States entering into an agreement with Mexico to establish the Bank, to subscribe to the capital stock of the Bank. Authorizes appropriations to pay for such subscription.

Requires that the provision of the Bretton Woods Agreement Act that establishes the National Advisory Council on International Monetary and Financial Problems shall apply to the International Bank for Reconstruction and Development and the International Monetary Fund.

Prohibits any person or agency on behalf of the United States, unless authorized by Congress, from: (1) agreeing to an increase in the U.S. subscription to the Bank; (2) agreeing to an agreement which increases U.S. obligations or which would change the Bank's purpose or functions; or (3) providing financing to the Bank.

 Committees of jurisdiction 2
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APA
U.S. Congress. (2026). H.R. 5664: United States-Mexico Joint Development Bank Act. 98th Congress. Open America. https://openamerica.io/bill/98-HR-5664/
MLA
"H.R. 5664: United States-Mexico Joint Development Bank Act." 98th Congress, 2026, Open America, https://openamerica.io/bill/98-HR-5664/.
Bluebook (legal)
H.R. 5664, 98th Cong. (2026), https://openamerica.io/bill/98-HR-5664/.
Markdown link
[H.R. 5664: United States-Mexico Joint Development Bank Act](https://openamerica.io/bill/98-HR-5664/)
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