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HR 7753 116th Congress House Foreign Trade and International Finance Competitiveness, trade promotion, trade deficits Congressional oversight Economic performance and conditions Free trade and trade barriers Government studies and investigations Public participation and lobbying U.S. and foreign investments

Global Investment in American Jobs Act of 2020

Introduced: July 23, 2020 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 23, 2020
Referred to the House Committee on Energy and Commerce.
Jul 23, 2020
Introduced in House
 Plain-English summary Congressional Research Service

Global Investment in American Jobs Act of 2020

This bill requires the Department of Commerce to conduct an interagency review of the global competitiveness of the United States in attracting foreign direct investment and addressing foreign trade barriers that firms in advanced technology sectors face in the global digital economy.

Such review shall include an assessment of (1) the current economic impact of foreign direct investment in the United States, (2) trends in global cross-border investment and data flows, (3) federal government policies that are linked to the ability of the United States to attract and retain foreign direct investment, and (4) the adequacy of federal government efforts to increase the ease for foreign firms considering investment in the United States.

Commerce must report the findings of such review and submit recommendations for increasing the global competitiveness of the United States in attracting foreign direct investment and developing new technologies and services.

What's happening now July 23, 2020

Referred to the House Committee on Energy and Commerce.

 Committees of jurisdiction 1