,,ii  #aac? ,,congress  #b;d ,session   
,s4 #bhca  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,septemb] #af1 #bjad   
,mr4 ,isakson 7= himself & ,mr4 ,rubio7 
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on ,=eign
 ,relations  ,a ,,bill  ,to direct !    
,presid5t to e/abli% an int]ag5cy       
me*anism to coord9ate ,unit$ ,/ates     
developm5t programs & private sector    
inve/m5t activities1 & = o!r purposes4  
#a4 ,%ort title  ,?is ,act may be cit$ z
 ! ,economic ,gr[? & ,developm5t ,act4  
#b4 ,f9d+s ,congress makes ! foll[+     
f9d+s3 7#a7 ,! promotion ( su/a9able    
economic gr[? is ! only long-t]m        
solution to lift+ p out ( pov]ty &      
address+ developm5t *all5ges su* z      
infecti\s disease1 food security1       
education1 & access to clean wat]4  7#b7
 ,sev]al ( ! greate/ developm5t success 
/ories 9 ! la/ #ej ye>s demon/rate h[   
private sector inve/m5t & economic gr[? 
are fundam5tal to lift+ populations out 
( pov]ty4  7#c7 ,!re has be5 a dramatic 

%ift 9 ! composition ( capital fl[s to !
 develop+ _w4 ,:]eas #dj ye>s ago m ?an 
#gj p]c5t ( capital fl[+ to develop+    
c\ntries 0 public sector =eign          
assi/ance1 today #hg p]c5t ( capital    
fl[+ to ! develop+ _w comes f ! private 
sector4  7#d7 ,elev5 ( ! #ae l>ge/      
import]s ( ,unit$ ,/ates goods & s]vices
 are c\ntries t graduat$ f ,unit$ ,/ates
 =eign assi/ance1 & #ab ( ! #ae fa/e/   
gr[+ m>kets = ,unit$ ,/ates exports are 
=m] ,unit$ ,/ates =eign assi/ance       
recipi5ts4  7#e7 ,) #ab dep>tm5ts1 #bf  
ag5cies1 & m ?an #fj ,f$]al ,gov]nm5t   
(fices all involv$ 9 ! deliv]y ( ,unit$ 
,/ates =eign assi/ance1 x is extremely  
difficult = ,unit$ ,/ates bus9esses to  
navigate ! bureaucracy 9 se>* (         
opportunities to p>tn] ) su* ,unit$     
,/ates ag5cies4  7#f7 ,al?\gh _m ,unit$ 
,/ates developm5t ag5cies h tak5 /eps to
 improve _! private sector coord9ation  
capabilities 9 rec5t ye>s1 ^!           
ag5cy-specific /rategies rema9 opaque & 
mu/ be integrat$ into a coh]5t int]ag5cy

 coord9ation /ructure to engage !       
private sector4  7#g7 ,presid5t ,b>ack  
,obama's #bjaj ,policy ,directive on    
,global ,developm5t creat$ an ,int]ag5cy
 ,policy ,committee 7,,ipc7 = ,global   
,developm5t4 ,h[ev]1 ! ,,ipc has n yet  
e/abli%$ a /reaml9$1 int]ag5cy me*anism 
= coord9ation ) ! private sector4  7#h7 
,9 ord] to bett] lev]age ,unit$ ,/ates  
=eign assi/ance doll>s & to promote     
su/a9able economic developm5t 9 p>tn]   
c\ntries1 ! private sector %\ld be      
consult$ dur+ developm5t plann+ &       
programm+ processes4  7#i7 ,:e!r x is 9 
! context ( c\ntry1 sector1 or global   
developm5t /rategy1 decisions on program
 prioritization & res\rce allocations   
w\ld b5efit greatly f private sector    
p]spectives & m>ket data4  7#aj7 ,by    
consult+ ) ! private sector f ! outset1 
developm5t programs c be design$ to     
bett] attract private sector inve/m5t & 
to promote public-private p>tn]%ips 9   
key developm5t sectors4  7#aa7 ,!       
,mill5nium ,*all5ge ,corporation & !    

,p>tn]%ip = ,gr[? bo? analyze con/ra9ts 
to gr[? z "p ( _! plann+ processes1 b ^!
 analyses ne$ to be includ$ 9 ag5cy     
c\ntry1 sector1 & global developm5t     
/rategies to m effectively in=m & guide 
! full spectrum ( ,unit$ ,/ates         
developm5t programs4  #c4 ,def9itions ,9
 ?is ,act3 7#a7 ,adm9i/rator ,! t]m     
,adm9i/rator means ! ,adm9i/rator ( !   
,unit$ ,/ates ,ag5cy = ,int]national    
,developm5t4  7#b7 ,unit$ ,/ates        
developm5t ag5cies ,! t]m ,unit$ ,/ates 
developm5t ag5cies means ! ,dep>tm5t (  
,/ate1 ! ,unit$ ,/ates ,ag5cy =         
,int]national ,developm5t1 ! ,mill5nium 
,*all5ge ,corporation1 ! ,ov]seas       
,private ,inve/m5t ,corporation1 !      
,trade & ,developm5t ,ag5cy1 !          
,int]-,am]ican ,f\ndation1 & ! ,african 
,developm5t ,f\ndation4  7#c7 ,private  
sector ,! t]m private sector means      
=-pr(it ,unit$ ,/ates bus9esses4  7#d7  
,secret>y ,! t]m ,secret>y means !      
,secret>y ( ,/ate4  #d4 ,purpose ,!     
purpose ( ?is ,act is to maximize !     

impact ( ,unit$ ,/ates developm5t       
programs by-- 7#a7 enhanc+ coord9ation  
betwe5 ,unit$ ,/ates developm5t ag5cies 
& _! programs & ! private sector & its  
inve/m5t activities2  7#b7 integrat+    
private sector input into ,unit$ ,/ates 
developm5t ag5cies plann+ & programm+   
processes2  7#c7 in/itutionaliz+        
analyses ( con/ra9ts to gr[? & inve/m5t 
?r\gh\t ,unit$ ,/ates developm5t ag5cies
 plann+ & programm+ processes2 &  7#d7  
ensur+ ,unit$ ,/ates developm5t ag5cies 
are acc\ntable = progress t[>d improv+  
coord9ation ( ,unit$ ,/ates developm5t  
programs & private sector inve/m5t      
activities4  #e4 ,int]ag5cy me*anism to 
coord9ate ,unit$ ,/ates developm5t      
programs & private sector inve/m5t      
activities  7a7 ,9 g5]al ,! ,presid5t1 9
 consultation ) ! ,secret>y1 !          
,adm9i/rator1 ! ,*ief ,executive ,(fic] 
( ! ,mill5nium ,*all5ge ,corporation1 ! 
,dep>tm5t ( ,comm]ce1 & ! heads ( o!r   
,unit$ ,/ates ag5cies t und]take        
developm5t ef=ts1 %all e/abli% a prim>y 

me*anism to assi/ ! private sector 9    
coord9at+ ,unit$ ,/ates developm5t      
programs ) private sector inve/m5t      
activities4  7b7 ,duties ,! me*anism    
e/abli%$ "u subsection 7a7 %all-- 7#a7  
/reaml9e & integrate ! v>i\s private    
sector liaison functions ( ,unit$ ,/ates
 developm5t ag5cies2  7#b7 facilitate ! 
use ( v>i\s developm5t & f9ance tools   
across ,unit$ ,/ates developm5t ag5cies 
to attract great] private sector        
p>ticipation 9 developm5t activities2 & 
7#c7 e/abli% a s+le po9t ( contact = !  
private sector = p>tn]%ip opportunities 
) ,unit$ ,/ates developm5t ag5cies4  #f4
 ,integrat+ private sector consultation 
9 c\ntry1 sector1 & global developm5t   
/rategies ,! ,secret>y & ! ,adm9i/rator 
%all direct _! respective policy &      
c\ntry teams to include private sector  
consultation 9 all c\ntry1 sector1 &    
global developm5t /rategies1 includ+    
integrat$ c\ntry /rategies1 regional &  
functional /rategies1 c\ntry developm5t 
coop]ation /rategies1 mission /rategic  

res\rce plans1 & global developm5t      
/rategies4  #g4 ,analysis ( con/ra9ts to
 gr[? & inve/m5t 9 =eign c\ntries &     
sectors  7a7 ,9 g5]al ,! ,secret>y1 !   
,adm9i/rator1 & ! heads ( o!r ag5cies t 
conduct relevant developm5t activities  
%all ensure t rigor\s con/ra9ts to gr[? 
& inve/m5t analyses are available &     
integrat$ z a compon5t ( all appropriate
 c\ntry1 region1 & sector developm5t    
/rategies4  7b7 ,matt]s ,to be includ$  
,! analysis requir$ "u subsection 7a7   
%all include1 at a m9imum1 an           
id5tification & analysis (-- 7#a7       
con/ra9ts pos$ by ! inadequacies (      
critical infra/ructure1 rule ( law1 tax 
& inve/m5t codes1 & cu/oms & regulatory 
regimes ( recipi5t c\ntries1 z          
appropriate2 &  7#b7 p>ticul> economic  
sectors t are c5tral to a*iev+ economic 
gr[?1 su* z agriculture1 transportation1
 en]gy1 & f9ancial s]vices4  7c7        
,conduct ,if a cr$ible con/ra9ts        
analysis meet+ ! requirem5ts set out 9  
subsection 7b7 = a p>ticul> c\ntry1     

region1 or sector has n already be5     
conduct$ by ano!r ,unit$ ,/ates         
,gov]nm5t entity or multilat]al         
in/itution1 ! analysis %all be conduct$ 
by teams compos$ ( repres5tatives (     
relevant ,unit$ ,/ates ag5cies :i* w    
consult ) int]national organizations1 ! 
private sector1 includ+ repres5tatives f
 comm]cial sectors ( recipi5t c\ntries1 
& o!r /akehold]s4 ,9 all in/ances1 :e!r 
us+ an exi/+ con/ra9ts analysis or a    
specially conduct$ "o1 ! con/ra9ts      
analysis %all be made available to !    
public1 & = comm5t by all /akehold]s    
prior to f9alization ( developm5t       
/rategies4  7d7 ,results ,! results ( ! 
analysis requir$ "u subsection 7a7 %all 
be incorporat$ into developm5t /rategies
 ( ,unit$ ,/ates developm5t ag5cies &   
%all be us$ to in=m & guide res\rce     
allocations4  #h4 ,report ,n lat] ?an "o
 ye> aft] ! date ( ! enactm5t ( ?is     
,act1 ! ,presid5t %all transmit to !    
,committee on ,=eign ,relations & !     
,committee on ,appropriations ( ! ,s5ate

 & ! ,committee on ,=eign ,affairs & !  
,committee on ,appropriations ( ! ,h\se 
( ,repres5tatives a report t describes !
 specific measures t h be5 tak5 to      
implem5t ?is ,act & ! outcomes t su*    
measures are int5d$ to produce4