II

104TH CONGRESS

2D SESSION S. 1547

To limit the provision of assistance to the Government of Mexico using

the exchange stabilization fund established pursuant to section 5302

of title 31, United States Code, and for other purposes.

IN THE SENATE OF THE UNITED STATES

JANUARY 30, 1996

Mrs. FEINSTEIN (for herself, Mr. D’AMATO, and Mr. INHOFE) introduced the

following bill; which was read twice and referred to the Committee on

Banking, Housing, and Urban Affairs

A BILL

To limit the provision of assistance to the Government of

Mexico using the exchange stabilization fund established

pursuant to section 5302 of title 31, United States Code,

and for other purposes.

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled,

3 SECTION 1. LIMITATION ON ASSISTANCE TO MEXICO.

4 Except as provided in section 2, and notwithstanding

5 any other provision of law, neither the President nor the

6 Secretary of the Treasury may—

7 (1) provide any assistance (including the unobli8 gated balance of assistance to the Government of
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1 Mexico announced by the President on January 31,

2 1995) to the Government of Mexico or any agency

3 or other entity of that government under section

4 5302 of title 31, United States Code, other than as5 sistance that was obligated to the Government of

6 Mexico before January 26, 1996;

7 (2) renew or extend the terms of any assistance

8 authorized during the period beginning on January

9 1, 1995 and ending on the date of enactment of this

10 Act, in connection with the program of assistance to

11 the Government of Mexico (including any agency or

12 other entity of that government) under section 5302

13 of title 31, United States Code; or

14 (3) enter into any agreement on or after the

15 date of enactment of this Act with the Government

16 of Mexico under that section 5302 to provide any

17 similar assistance.

18 SEC. 2. EXCEPTION.

19 Section 1 does not apply if the President submits to

20 the Congress a written statement (as required under sub21 section (b) of section 5302 of title 31, United States Code,

22 or in connection with any agreement to provide any such

23 assistance under that section 5302 entered into on or after

24 the date of enactment of this Act, as applicable) that the

25 Government of Mexico has—
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1 (1) taken immediate action to comply with all

2 outstanding requests for extradition by the United

3 States;

4 (2) enacted and implemented (and provided for

5 the thorough and consistent enforcement of) effec6 tive laws and regulations relating to money launder7 ing, similar to those of the United States, including

8 laws and regulations pertaining to the monitoring

9 and reporting of large cash transactions with all

10 banks, financial institutions, and money exchange

11 houses;

12 (3) taken adequate steps to ensure that individ13 uals and organizations that are involved in the ille14 gal production, transport, or sale of narcotics or

15 other illegal substances, are not able to purchase, in16 vest, or acquire any interest in any governmental in17 stitution or former institution, including any bank;

18 (4) enacted and implemented (and provided for

19 the thorough and consistent enforcement of) effec20 tive laws and regulations that require the inspection

21 and licensing of trucks, automobiles, aircraft, and

22 other transportation vehicles, and the owners and

23 operators of those vehicles, in order to assist in the

24 detection, seizure, and prosecution of individuals en25 gaging, assisting, or acquiescing in the illegal pro-
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1 duction, transport, or sale of narcotics or other ille2 gal substances;

3 (5) enacted and implemented (and provided for

4 the thorough and consistent enforcement of) effec5 tive laws and regulations to control the import and

6 export of major precursor chemicals for

7 methamphetamines and other narcotics and psycho8 tropic drugs, including ephedrine and

9 pseudephedrine;

10 (6) taken specific action to effect the arrests of

11 Mexican drug cartel leaders and other individuals in12 volved in organized crime in Mexico;

13 (7) established and maintained a complete and

14 thorough program for the interdiction of narcotics

15 and other controlled substances flowing across the

16 border between the United States and Mexico, and

17 assisted United States law enforcement officials to

18 take effective action, such as permitting or facilitat19 ing the interception of electronic and radio commu20 nications across that border;

21 (8) implemented a plan and taken specific ac22 tion dedicated to detecting and halting the large

23 scale air transportation of narcotics within the

24 boundaries of Mexico;
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1 (9) taken specific action to identify and pros2 ecute civilian and military officials, at the national

3 and local levels, that engage, assist, or acquiesce in

4 the illegal trafficking or production of narcotics or

5 other illegal substances, money laundering, bribery,

6 or other conduct linked with the illegal transpor7 tation or production of narcotics or other illegal sub8 stances, or that discourage the investigation and

9 prosecution of any such conduct; and

10 (10) allowed for the seizure, through asset for11 feiture of money, property, conveyances, and any

12 other property derived through fraud or any other il13 legal activity, including illegal drug trafficking.

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