Global Investment in American Jobs Act of 2021
Latest action (30 Apr 2021): Introduced
What this bill does
Generate a neutral, plain-English explanation of what this bill does, who it affects and what happens next — grounded in the official text.
Official summary
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.
Common questions
- What does H.R. 2907 do?
- 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.
- Has H.R. 2907 become law?
- Not yet. As of 30 Apr 2021, H.R. 2907 is introduced.
- Who sponsored H.R. 2907?
- H.R. 2907 was sponsored by Rep. Greg Pence [R-IN6, 2019-2024] (Republican-IN), with 12 cosponsors.
- What's the latest action on H.R. 2907?
- Introduced (30 Apr 2021).
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