Global Investment in American Jobs Act of 2021
- Last Action
- 5/3/2021
Actions
- 2021-05-03Referred to the Subcommittee on Consumer Protection and Commerce.
- 2021-04-30Referred to the House Committee on Energy and Commerce.
- 2021-04-30Introduced in House
- 2021-04-30Introduced in House
CRS Summary
As of 2021-04-30 (00)
Global Investment in American Jobs Act of 2021
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.
Cosponsors (12)
- BOBBY RUSH (D-IL)
- David McKinley (R-WV)
- ANNA ESHOO (D-CA)
- Jackie Walorski (R-IN)
- FRED UPTON (R-MI)
- Billy Long (R-MO)
- Marilyn Strickland (D-WA)
- Paul Tonko (D-NY)
- G. K. Butterfield (D-NC)
- J. Hill (R-AR)
- MIKE DOYLE (D-PA)
- Bryan Steil (R-WI)
Subjects
- 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
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.