NADBank Enhancement Act of 2011

Bill Number: 
H.R. 2216
Bill Status: 
Bill introduced in Committee
Bill Location: 
House of Representatives
Date of Last Action: 
Thursday, June 16, 2011
Link to entire bill at the Library of Congress site.
Relevant Text: 

H.R.2216 -- NADBank Enhancement Act of 2011 (Introduced in House - IH)

HR 2216 IH

112th CONGRESS

1st Session

H. R. 2216

To amend the North American Free Trade Agreement Implementation Act to allow for amendments to the Border Environment Cooperation Agreement to promote infrastructure projects financed by the North American Development Bank in the border region to promote growth in trade and commerce between the United States and Mexico, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

June 16, 2011

Mr. HINOJOSA (for himself, Mr. CUELLAR, Mrs. DAVIS of California, Mr. DREIER, Mr. FARENTHOLD, Mr. FILNER, Mr. GONZALEZ, Mr. GENE GREEN of Texas, Mr. GRIJALVA, Mr. PASTOR of Arizona, Mr. REYES, Mrs. NAPOLITANO, Mr. PIERLUISI, Mr. BACA, Mr. FRANK of Massachusetts, Mr. MEEKS, Ms. VELAZQUEZ, Ms. ZOE LOFGREN of California, Mr. POLIS, and Mr. LUJAN) introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To amend the North American Free Trade Agreement Implementation Act to allow for amendments to the Border Environment Cooperation Agreement to promote infrastructure projects financed by the North American Development Bank in the border region to promote growth in trade and commerce between the United States and Mexico, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the `NADBank Enhancement Act of 2011'.

SEC. 2. AUTHORITY TO AGREE TO AMENDMENTS TO THE BORDER ENVIRONMENT COOPERATION AGREEMENT.

    Section 545 of the North American Free Trade Agreement Implementation Act (22 U.S.C. 290m-4) is amended--

      (1) in paragraph (1), by striking `and' at the end;
      (2) in paragraph (2), by striking the period at the end and inserting `; and'; and

      (3) by adding at the end of the following new paragraph:

      `(3) change the purposes and functions of the Bank, including changes that would allow the Bank to finance infrastructure projects in the border region that promote growth in trade and commerce between the United States and Mexico, support sustainable economic development, reduce poverty, foster job creation, and promote social development in the region.'.