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HR 7549 116th Congress House Foreign Trade and International Finance Competitiveness, trade promotion, trade deficits Department of Commerce Department of State Executive agency funding and structure Government employee pay, benefits, personnel management Small business

Foreign Trade Modernization Act of 2020

Introduced: July 9, 2020 Introduced by: McCaul, Michael T. Republican · Texas See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 9, 2020
Referred to the House Committee on Foreign Affairs.
Jul 9, 2020
Introduced in House
 Plain-English summary Congressional Research Service

Foreign Trade Modernization Act of 2020

This bill abolishes the United States and Foreign Commercial Service and transfers from the Department of Commerce to the Department of State all functions that were authorized to be performed by the service under any statute, reorganization plan, executive order, or other provision of law. Specifically, the bill transfers to the State Department all contracts, property, records, and unexpended balances of funds, as well as all personnel.

Further, the Bureau of Economic and Business Affairs and the relevant diplomatic missions shall, through specified activities, emphasize (1) the promotion of exports of goods and services from the United States, particularly by small and medium-sized businesses; and (2) the protection of U.S. business interests abroad.

What's happening now July 9, 2020

Referred to the House Committee on Foreign Affairs.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1