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H.R. 7753·116th Congress·House Bill

Global Investment in American Jobs Act of 2020

IntroducedTrack

Latest action (23 Jul 2020): Introduced

What this bill does

Plain-English summary

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Official summary

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.

Common questions

What does H.R. 7753 do?
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.
Has H.R. 7753 become law?
Not yet. As of 23 Jul 2020, H.R. 7753 is introduced.
Who sponsored H.R. 7753?
H.R. 7753 was sponsored by Rep. Cathy Anne McMorris Rodgers [R-WA5, 2005-2024] (Republican-WA), with 6 cosponsors.
What's the latest action on H.R. 7753?
Introduced (23 Jul 2020).

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