,,ii  #aac? ,,congress  #a/ ,session    
,s4 #ajbc  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,may #bb1 #bjac ,mr4   
,cork] 7= himself1 ,ms4 ,klobu*>1 ,mr4  
,blunt1 & ,mrs4 ,hagan7 introduc$ !     
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,comm]ce1 ,sci5ce1 & 
,transportation  ,a ,,bill  ,to direct !
 ,secret>y ( ,comm]ce1 9 coord9ation ) !
 heads ( o!r relevant ,f$]al dep>tm5ts &
 ag5cies1 to conduct an int]ag5cy review
 ( & report on ways to increase !       
competitiv5ess ( ! ,unit$ ,/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  
ma9ta9 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 !y "w 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 = 
ne>ly #e1fjj1jjj p 9 ! ,unit$ ,/ates )  
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
 bus9esses1 wor? hundr$s ( billions (   
doll>s annually4  7#i7 ,^! companies    
acc\nt = #e4h p]c5t ( ,unit$ ,/ates     
private sector ,gross ,dome/ic ,product 
7,,gdp74  7#aj7 ,! ,dep>tm5t ( ,comm]ce 
& ! ,dep>tm5t ( ,/ate h initiatives 9   
place to increase =eign direct inve/m5t4
  7#aa7 ,presid5t ,b>ack ,obama 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 ,obama sign$ an
 ,executive ord] 9 #bjaa to e/abli% !   
,select,u,s,a initiative & exp&$ its    
res\rces & activities 9 #bjab1 aim$ at  

promot+ 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  #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 9 ord]
 to rema9 ! mo/ attractive location =   
=eign direct inve/m5t1 ,congress %\ld be
 m9dful ( ! pot5tial impact ^u ! ability
 ( ! ,unit$ ,/ates to attract =eign     
direct inve/m5t :5 evaluat+ propos$     
legislation2  7#c7 x is a top national  
priority to enhance ! 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#d7 ma9ta9+ !
 ,unit$ ,/ates commitm5t to op5 inve/m5t
 policy enc\rages o!r c\ntries to d !   
same & enables ! ,unit$ ,/ates to op5   
new m>kets abroad = ,unit$ ,/ates       
companies & _! products2 &  7#e7 :ile   
=eign direct inve/m5t c enhance !       
economic /r5g? ( ! ,unit$ ,/ates1       
policies reg>d+ =eign direct inve/m5t   
%\ld reflect national security int]e/s &
 %\ld n disadvantage dome/ic inve/ors or
 companies4  #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[s1      
includ+ an assessm5t ( ! curr5t ,unit$  
,/ates competitive position z an        
inve/m5t location = companies headqu>t]$
 abroad2  7#c7 ,f$]al ,gov]nm5t policies
 t are closely l9k$ to ! ability ( !    
,unit$ ,/ates to attract & reta9 =eign  
direct inve/m5t2  7#d7 ongo+ ,f$]al     
,gov]nm5t ef=ts to improve ! inve/m5t   
climate1 r$uce inve/m5t b>ri]s1 &       
facilitate great] levels ( =eign direct 
inve/m5t 9 ! ,unit$ ,/ates2  7#e7       
innovative & notewor?y ,/ate1 regional1 
& local gov]nm5t initiatives to attract 
=eign inve/m5t2 &  7#f7 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 & 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  
to make ! ,unit$ ,/ates m competitive 9 
attract+ =eign direct inve/m5t )\t      
und]m9+ fundam5tal dome/ic labor1       
consum]1 or environm5tal protections4