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STUDENT FINANCIAL ASSISTANCE
(RESCISSION)
Of the funds made available under this heading in
Public Law 103–112, $100,000,000 made available for title
IV, part A, subpart 1 of the Higher Education Act are re-
scinded.
CHAPTER VI
DEPARTMENT OF TRANSPORTATION AND
RELATED AGENCIES
DEPARTMENT OF TRANSPORTATION
Ω18æFEDERAL AVIATION ADMINISTRATION
FACILITIES AND EQUIPMENT
(AIRPORT AND AIRWAY TRUST FUND)
(RESCISSION)
Of the available balances under this heading that re-
main unobligated for the ‘‘advanced automation system’’,
$35,000,000 are rescinded.
FEDERAL HIGHWAY ADMINISTRATION
FEDERAL-AID HIGHWAYS
(HIGHWAY TRUST FUND)
(RESCISSION)
Of the available contract authority balances under this
heading in Public Law 97–424, $13,340,000 are rescinded;
and of the available balances under this heading in Public
Law 100–17, $126,608,000 are rescinded.
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MISCELLANEOUS HIGHWAY DEMONSTRATION PROJECTS
(RESCISSION)
Of the available appropriated balances provided in
Public Law 93–87; Public Law 98–8; Public Law 98–473;
and Public Law 100–71, $12,004,450 are rescinded.
Ω19æFEDERAL RAILROAD ADMINISTRATION
LOCAL RAIL FREIGHT ASSISTANCE
(RESCISSION)
Of
the
available
balances
under
this
heading,
$13,126,000 are rescinded.
Ω20æPENNSYLVANIA STATION REDEVELOPMENT
PROJECT
(RESCISSION)
Of the funds made available under this heading in
Public Law 103–331, $40,000,000 are rescinded.
CHAPTER VII
DEPARTMENTS OF VETERANS AFFAIRS AND
HOUSING AND URBAN DEVELOPMENT, AND
INDEPENDENT AGENCIES
Ω21æINDEPENDENT AGENCIES
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION
NATIONAL AERONAUTICAL FACILITIES
(RESCISSION)
Of the funds made available under this heading in
Public Law 103–327, for construction of wind tunnels,
$400,000,000 are rescinded.
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Ω22æDEPARTMENT OF HOUSING AND URBAN
DEVELOPMENT
HOUSING PROGRAMS
ANNUAL CONTRIBUTIONS FOR ASSISTED HOUSING
(RESCISSION)
Of the funds made available under this heading in
Public Law 103–327 and any unobligated balances from
funds appropriated under this heading in prior years,
$400,000,000 are rescinded from amounts available for the
development or acquisition costs of public housing.
Ω23æTITLE III—MISCELLANEOUS
SEC. 301.—Notwithstanding sections 12106, 12107,
and 12108 of title 46, United States Code, and section 27
of the Merchant Marine Act, 1920 (46 App. U.S.C. 883),
as applicable on the date of enactment of this Act, the Sec-
retary of Transportation may issue a certificate of docu-
mentation for the vessel L. R. BEATTIE, United States of-
ficial number 904161.
Ω24æTITLE IV—MEXICAN DEBT
DISCLOSURE ACT OF 1995
SEC. 401. SHORT TITLE.
This title may be cited as the ‘‘Mexican Debt Disclo-
sure Act of 1995’’.
SEC. 402. FINDINGS.
The Congress finds that—
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(1) Mexico is an important neighbor and trading
partner of the United States;
(2) on January 31, 1995, the President approved
a program of assistance to Mexico, in the form of
swap facilities and securities guarantees in the
amount of $20,000,000,000, using the Exchange Sta-
bilization Fund;
(3) the program of assistance involves the par-
ticipation of the Federal Reserve System, the Inter-
national Monetary Fund, the Bank of International
Settlements, the World Bank, the Inter-American De-
velopment Bank, the Bank of Canada, and several
Latin American countries;
(4) the involvement of the Exchange Stabiliza-
tion Fund and the Federal Reserve System means
that United States taxpayer funds will be used in the
assistance effort to Mexico;
(5) assistance provided by the International
Monetary Fund, the World Bank, and the Inter-
American Development Bank may require additional
United States contributions of taxpayer funds to those
entities;
(6) the immediate use of taxpayer funds and the
potential requirement for additional future United
States contributions of taxpayer funds necessitates
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Congressional oversight of the disbursement of funds;
and
(7) the efficacy of the assistance to Mexico is con-
tingent on the pursuit of sound economic policy by
the Government of Mexico.
SEC. 403. REPORTS REQUIRED.
(a) REPORTS.—Not later than April 1, 1995, and
every month thereafter, the President shall transmit a re-
port to the appropriate congressional committees concern-
ing all United States Government loans, credits, and guar-
antees to, and short-term and long-term currency swaps
with, Mexico.
(b) CONTENTS OF REPORTS.—The report described in
subsection (a) shall include the following:
(1) A description of the current condition of the
Mexican economy.
(2) Information regarding the implementation
and the extent of wage, price, and credit controls in
the Mexican economy.
(3) A complete documentation of Mexican tax-
ation policy and any proposed changes to such policy.
(4) A description of specific actions taken by the
Government of Mexico during the preceding month to
further privatize the economy of Mexico.