,,ii ,cal5d> ,no4 #eeg #aac? ,,congress 
#b;d ,session  ,h4 ,r4 #bjeb ,report    
,no4 #aac-beb ,,9 ,,! ,,s5ate ,,( ,,!   
,,unit$ ,,/ates  ,septemb] #aj1         
#bjac,receiv$2 read twice & ref]r$ to ! 
,committee on ,comm]ce1 ,sci5ce1 &      
,transportation  ,septemb] #aj1         
#bjad,report$ by ,mr4 ,rockefell]1 )\t  
am5dm5t  ,,an ,,act  ,to direct !       
,secret>y ( ,comm]ce1 9 coord9ation ) ! 
heads ( o!r relevant ,f$]al dep>tm5ts & 
ag5cies1 to conduct an int]ag5cy review 
( & report to ,congress on ways to      
increase ! global competitiv5ess ( !    
,unit$ ,/ates 9 attract+ =eign direct   
inve/m5t4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,global ,inve/m5t 9        
,am]ican ,jobs ,act ( #bjac4  #b4 ,f9d+s
 ,congress f9ds ! foll[+3 7#a7 ,x rema9s
 an urg5t national priority to improve  
economic gr[? & create new jobs4  7#b7  
,national security requires economic    
/r5g? & global engagem5t4  7#c7         
,bus9esses today h a wide array ( *oices
 :5 consid]+ :]e to inve/1 exp&1 or     

e/abli% new op]ations4  7#d7            
,adm9i/rations ( bo? p>ties h consi/5tly
 reaffirm$ ! ne$ to promote an op5      
inve/m5t climate z a key to dome/ic     
economic prosp]ity & security4  7#e7 ,! 
,unit$ ,/ates has hi/orically be5 !     
l>ge/ worldwide recipi5t ( =eign direct 
inve/m5t b has se5 its %>e decl9e 9     
rec5t ye>s4  7#f7 ,! ,unit$ ,/ates faces
 increas+ competition f o!r c\ntries z x
 works to recruit inve/m5t f global     
companies4  7#g7 ,=eign direct inve/m5t 
c b5efit ! economy & work=ce ( e ,/ate &
 ,commonweal? 9 ! ,unit$ ,/ates4  7#h7  
,accord+ to ! late/ ,f$]al /ati/ics1 !  
,unit$ ,/ates subsidi>ies ( companies   
headqu>t]$ abroad contribute to ! ,unit$
 ,/ates economy 9 a v>iety ( important  
ways1 includ+ by-- 7,a7 provid+ jobs =  
an e/imat$ #e1fjj1jjj ,am]icans1 )      
comp5sation t is (t5 high] ?an !        
national private-sector av]age1 z _m (  
^! jobs are 9 high-skill$1 high-pay+    
indu/ries2  7,b7 /r5g!n+ ! ,unit$ ,/ates
 indu/rial base & employ+ ne>ly #ae     

p]c5t ( ! ,unit$ ,/ates manufactur+     
sector work=ce2  7,c7 e/abli%+ op]ations
 9 ! ,unit$ ,/ates f :i* to sell goods &
 s]vices ar\nd ! _w1 !reby produc+ ne>ly
 #ah p]c5t ( ,unit$ ,/ates exports2     
7,d7 promot+ innovation ) m ?an         
#da1jjj1jjj1jjj 9 annual ,unit$ ,/ates  
rese>* & developm5t activities2  7,e7   
pay+ ne>ly #ad p]c5t ( ,unit$ ,/ates    
corporate income taxes2 &  7,f7 pur*as+ 
goods & s]vices f local suppli]s & small
 bus9esses wor? hundr$s ( billions (    
doll>s annually4  7#i7 ,^! companies    
acc\nt = #e4h p]c5t ( ,unit$ ,/ates     
private sector gross dome/ic product4   
7#aj7 ,! ,dep>tm5t ( ,comm]ce has       
initiatives 9 place to increase =eign   
direct inve/m5t4  7#aa7 ,! ,presid5t    
issu$ a /atem5t 9 #bjaa reaffirm+ !     
long/&+ op5 inve/m5t policy ( ! ,unit$  
,/ates & enc\rag$ all c\ntries to pursue
 su* a policy4  7#ab7 ,! ,presid5t sign$
 an executive ord] 9 #bjaa to e/abli% ! 
,select,u,s,a initiative & exp&$ its    
res\rces & activities 9 #bjab1 s z to   

promote great] levels ( bus9ess inve/m5t
 9 ! ,unit$ ,/ates4  7#ac7 ,!           
,presid5t's ,c\ncil on ,jobs &          
,competitiv5ess 9 #bjaa recomm5d$ !     
e/abli%m5t ( a ,national ,inve/m5t      
,initiative to attract                  
#a1jjj1jjj1jjj1jjj 9 =eign direct       
inve/m5t ov] five ye>s4  7#ad7 ,s\nd    
transportation infra/ructure1 a         
well-educat$ & heal?y work=ce1 safe food
 & wat]1 /able f9ancial in/itutions1 a  
fair & equitable ju/ice sy/em1 &        
transp>5t & acc\ntable adm9i/rative     
proc$ures are important factors t       
contribute to ,unit$ ,/ates global      
competitiv5ess4  #c4 ,s5se ( congress ,x
 is ! s5se ( ,congress t-- 7#a7 !       
ability ( ! ,unit$ ,/ates to attract    
=eign direct inve/m5t is directly l9k$  
to ! long-t]m economic prosp]ity1 global
 competitiv5ess1 & security ( ! ,unit$  
,/ates2  7#b7 x is a top national       
priority to enhance ! global            
competitiv5ess1 prosp]ity1 & security ( 
! ,unit$ ,/ates by-- 7,a7 remov+        

unnecess>y b>ri]s to =eign direct       
inve/m5t & ! jobs t x creates ?r\gh\t ! 
,unit$ ,/ates2 &  7,b7 promot+ policies 
to ensure ! ,unit$ ,/ates rema9s !      
premi] global de/9ation 9 :i* to inve/1 
hire1 innovate1 & manufacture products2 
7#c7 ma9ta9+ ! ,unit$ ,/ates' commitm5t 
to op5 inve/m5t policy enc\rages o!r    
c\ntries to reciprocate & enables !     
,unit$ ,/ates to op5 new m>kets abroad =
 ,unit$ ,/ates companies & _! products2 
7#d7 :ile =eign direct inve/m5t c       
enhance ! ,nation's economic /r5g?1     
policies reg>d+ =eign direct inve/m5t   
%\ld reflect national security int]e/s &
 %\ld n disadvantage dome/ic inve/ors or
 companies2 &  7#e7 ,unit$ ,/ates ef=ts 
to attract =eign direct inve/m5t %\ld be
 consi/5t ) ef=ts to ma9ta9 & improve ! 
dome/ic /&>d ( liv+4  #d4 ,=eign direct 
inve/m5t review  7a7 ,review ,!         
,secret>y ( ,comm]ce1 9 coord9ation ) ! 
,f$]al ,int]ag5cy ,inve/m5t ,work+ ,gr\p
 & ! heads ( o!r relevant ,f$]al        
dep>tm5ts & ag5cies1 %all conduct an    

int]ag5cy review ( ! global             
competitiv5ess ( ! ,unit$ ,/ates 9      
attract+ =eign direct inve/m5t4  7b7    
,specific matt]s to be includ$ ,! review
 conduct$ pursuant to subsection 7a7    
%all include a review (-- 7#a7 ! curr5t 
economic impact ( =eign direct inve/m5t 
9 ! ,unit$ ,/ates1 ) p>ticul> focus on  
manufactur+1 rese>* & developm5t1 trade1
 & jobs2  7#b7 tr5ds 9 global           
cross-bord] inve/m5t fl[s & ! und]ly+   
factors = su* tr5ds2  7#c7 ,f$]al       
,gov]nm5t policies t are closely l9k$ to
 ! ability ( ! ,unit$ ,/ates to attract 
& reta9 =eign direct inve/m5t2  7#d7    
=eign direct inve/m5t z comp>$ to direct
 inve/m5t by dome/ic entities2  7#e7    
=eign direct inve/m5t t takes ! =m (    
gre5field inve/m5t z comp>$ to =eign    
direct inve/m5t reflect+ m]g] &         
acquisition activity2  7#f7 ! unique    
*all5ges pos$ by =eign direct inve/m5t  
by /ate-own$ ent]prises2  7#g7 ongo+    
,f$]al ,gov]nm5t ef=ts to improve !     
inve/m5t climate & facilitate great]    

levels ( =eign direct inve/m5t 9 !      
,unit$ ,/ates2  7#h7 innovative &       
notewor?y ,/ate1 regional1 & local      
gov]nm5t initiatives to attract =eign   
inve/m5t2 &  7#i7 initiatives by o!r    
c\ntries 9 ord] to id5tify be/ practices
 = increas+ global competitiv5ess 9     
attract+ =eign direct inve/m5t4  7c7    
,limitation ,! review conduct$ pursuant 
to subsection 7a7 %all n address laws or
 policies relat+ to ! ,committee on     
,=eign ,inve/m5t 9 ! ,unit$ ,/ates4  7d7
 ,public comm5t ,prior to-- 7#a7        
conduct+ ! review "u subsection 7a71 !  
,secret>y %all publi% notice ( ! review 
9 ! ,f$]al ,regi/] & %all provide an    
opportunity = public comm5t on ! matt]s 
to be cov]$ by ! review2 &  7#b7 report+
 pursuant to subsection 7e71 ! ,secret>y
 %all publi% ! propos$ f9d+s &          
recomm5dations to ,congress 9 ! ,f$]al  
,regi/] & %all provide an opportunity = 
public comm5t4  7e7 ,report to congress 
,n lat] ?an "o ye> aft] ! date (        
enactm5t ( ?is ,act1 ! ,secret>y (      

,comm]ce1 9 coord9ation ) ! ,f$]al      
,int]ag5cy ,inve/m5t ,work+ ,gr\p & !   
heads ( o!r relevant ,f$]al dep>tm5ts & 
ag5cies1 %all report to ,congress !     
f9d+s ( ! review requir$ "u subsection  
7a7 & submit recomm5dations = increas+ !
 global competitiv5ess ( ! ,unit$ ,/ates
 9 attract+ =eign direct inve/m5t )\t   
weak5+ labor1 consum]1 f9ancial1 or     
environm5tal protections4  ,septemb]    
#aj1 #bjad,report$ )\t am5dm5t