Economic Growth and Development Act
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Economic Growth and Development Act
This bill requires the President to: (1) establish a primary, interagency mechanism to assist the private sector in coordinating U.S. development programs with private sector investment activities; and (2) submit, annually, a strategy for the facilitation and coordination of private sector investments and activities for the purposes of development.
Such mechanism shall: (1) streamline and integrate private sector liaison, coordination, and investment promotion functions of U.S. development agencies; (2) facilitate the use of development and finance tools across such agencies to attract greater private sector participation in development activities; and (3) establish a single point of contact for the private sector for partnership opportunities with such agencies.
The Department of State and the U.S. Agency for International Development (USAID) shall direct their policy teams to include private sector facilitation and coordination in all country, sector, and global development strategies.
The State Department, USAID, and other relevant federal agencies shall ensure that analyses of rigorous, current constraints on growth and investment guide all such strategies.
Read twice and referred to the Committee on Foreign Relations.
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 1274: Economic Growth and Development Act. 115th Congress. Open America. https://openamerica.io/bill/115-S-1274/
"S. 1274: Economic Growth and Development Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-1274/.
S. 1274, 115th Cong. (2026), https://openamerica.io/bill/115-S-1274/.
[S. 1274: Economic Growth and Development Act](https://openamerica.io/bill/115-S-1274/)