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Global Investment in American Jobs Act of 2023

USA118th CongressS-2368| Senate 
| Updated: 7/19/2023
Todd Young

Todd Young

Republican Senator

Indiana

Cosponsors (1)
Gary C. Peters (Democratic)

Commerce, Science, and Transportation Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Global Investment in American Jobs Act of 2023 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 from responsible private-sector entities based in trusted countries and addressing foreign trade barriers that firms in advanced technology sectors face in the global digital economy. Among other elements, the review shall include an assessment of (1) the 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 facilitate foreign direct investment, and (4) the adequacy of federal government efforts to encourage and facilitate foreign direct investment in the United States. Commerce must report the findings of such review to Congress and the Government Accountability Office (GAO) and include recommendations for increasing the global competitiveness of the United States in attracting foreign direct investment. The GAO must submit a review and assessment of the report to Congress.
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Timeline
Jul 18, 2023

Latest Companion Bill Action

HR 118-813
Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.
Jul 19, 2023
Introduced in Senate
Jul 19, 2023
Read twice and referred to the Committee on Commerce, Science, and Transportation.
  • July 18, 2023

    Latest Companion Bill Action

    HR 118-813
    Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.


  • July 19, 2023
    Introduced in Senate


  • July 19, 2023
    Read twice and referred to the Committee on Commerce, Science, and Transportation.

Foreign Trade and International Finance

Related Bills

  • HR 118-813: Global Investment in American Jobs Act of 2023

Global Investment in American Jobs Act of 2023

USA118th CongressS-2368| Senate 
| Updated: 7/19/2023
Global Investment in American Jobs Act of 2023 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 from responsible private-sector entities based in trusted countries and addressing foreign trade barriers that firms in advanced technology sectors face in the global digital economy. Among other elements, the review shall include an assessment of (1) the 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 facilitate foreign direct investment, and (4) the adequacy of federal government efforts to encourage and facilitate foreign direct investment in the United States. Commerce must report the findings of such review to Congress and the Government Accountability Office (GAO) and include recommendations for increasing the global competitiveness of the United States in attracting foreign direct investment. The GAO must submit a review and assessment of the report to Congress.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 18, 2023

Latest Companion Bill Action

HR 118-813
Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.
Jul 19, 2023
Introduced in Senate
Jul 19, 2023
Read twice and referred to the Committee on Commerce, Science, and Transportation.
  • July 18, 2023

    Latest Companion Bill Action

    HR 118-813
    Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.


  • July 19, 2023
    Introduced in Senate


  • July 19, 2023
    Read twice and referred to the Committee on Commerce, Science, and Transportation.
Todd Young

Todd Young

Republican Senator

Indiana

Cosponsors (1)
Gary C. Peters (Democratic)

Commerce, Science, and Transportation Committee

Foreign Trade and International Finance

Related Bills

  • HR 118-813: Global Investment in American Jobs Act of 2023
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted