PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on Foreign Relations.
Congressional Research Service
Version 00 · Introduced in Senate · Jun 29, 2006
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.
People & committees
Sen. Cornyn, John [R-TX] · R–TX
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Read twice and referred to the Committee on Foreign Relations.
Sponsor introductory remarks on measure. (CR S6806)
Introduced in Senate
Primary sources
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Source last updated: Aug 15, 2025. Consult Congress.gov for the current record.
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