,,ii #aad? ,,congress #b;d ,session ,s4 #cjig ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,june #bc1 #bjaf,mr4 ,s*atz 7= himself1 ,mr4 ,hell]1 ,mr4 ,nelson1 & ,mr4 ,coons7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ,a ,,bill ,to e/abli% ! ,select,u,s,a program1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,select,u,s,a ,au?orization ,act ( #bjaf4 #b4 ,e/abli%m5t ( ,select,u,s,a 7a7 ,9 g5]al ,!re is e/abli%$ 9 ! ,dep>tm5t ( ,comm]ce ! ,select,u,s,a program 79 ?is ,act ref]r$ to z ,select,u,s,a71 a ,gov]nm5t-wide program to attract & reta9 inve/m5t 9 ! ,unit$ ,/ates economy4 7b7 ,executive director ,! ,secret>y ( ,comm]ce %all designate a s5ior /aff memb] ( ! ,dep>tm5t ( ,comm]ce to be ! ,executive ,director ( ,select,u,s,a1 :o %all coord9ate activities relat+ to bus9ess inve/m5t decisions )9 ! ,dep>tm5t ( ,comm]ce & ) o!r ,f$]al ag5cies ) responsibility = su* activities4 7c7 ,mission ,select,u,s,a %all-- 7#a7 facilitate bus9ess inve/m5t 9 ! ,unit$ ,/ates 9 ord] to create jobs1 spur economic gr[?1 & promote ,unit$ ,/ates competitiv5ess2 7#b7 provide enhanc$ coord9ation ( ,f$]al activities 9 ord] to increase ! impact ( ,f$]al res\rces t support dome/ic & =eign inve/m5t 9 ! ,unit$ ,/ates2 7#c7 9 provid+ assi/ance1 "w to maximize impact on bus9ess inve/m5t1 job creation1 & economic gr[?2 & 7#d7 "w on behalf ( ! entire ,unit$ ,/ates & ex]cise /rict neutrality1 except z specifi$ 9 subsection 7e71 ) reg>d to specific locations )9 ! ,unit$ ,/ates4 7d7 ,functions ,select,u,s,a %all-- 7#a7 coord9ate outrea* & engagem5t by ! ,f$]al ,gov]nm5t to promote ! ,unit$ ,/ates z ! premi] location to op]ate a bus9ess2 7#b7 endeavor to coord9ate & avoid duplication ) o!r ,f$]al ag5cies2 7#c7 s]ve z an ombudsman t facilitates ! resolution ( issues involv+ ,f$]al programs or activities relat$ to p5d+ inve/m5ts2 7#d7 provide in=mation to dome/ic & =eign firms on-- 7,a7 ! inve/m5t climate 9 ! ,unit$ ,/ates2 7,b7 ,f$]al programs & inc5tives available to inve/ors2 & 7,c7 ,/ate & local economic developm5t organizations2 & 7#e7 report p]iodically to ! ,presid5t1 ?r\gh ! ,national ,economic ,c\ncil1 ! ,dome/ic ,policy ,c\ncil1 & ! ,national ,security ,/aff1 on outrea* activities ( ,select,u,s,a1 reque/s = in=mation receiv$ by ,select,u,s,a1 & ef=ts ( ,select,u,s,a to resolve issues4 7e7 ,increas$ opportunities = rural areas & small] ,/ates ,select,u,s,a %all endeavor-- 7#a7 to increase =eign direct inve/m5t opportunities = rural areas & small] ,/ates2 & 7#b7 to make its s]vices increas+ly available to rural areas & small] ,/ates1 includ+ ?r\gh-- 7,a7 teleconf]5c+2 7,b7 geographic position+ ( conf]5ces & ev5ts ( ,select,u,s,a1 :5 practicable2 & 7,c7 increas$ att5tion by /aff ( ,select,u,s,a4 7f7 ,p>ticipation ( o!r ag5cies ,all ,f$]al ag5cies ) responsibility = activities relat+ to bus9ess inve/m5t decisions %all coop]ate ) ,select,u,s,a1 z reque/$ by ! ,executive ,director1 to support ! objectives ( ,select,u,s,a4 #c4 ,f$]al int]ag5cy inve/m5t work+ gr\p 7a7 ,e/abli%m5t ,!re is e/abli%$ ! ,f$]al ,int]ag5cy ,inve/m5t ,work+ ,gr\p 79 ?is section ref]r$ to z ! ,work+ ,gr\p71 :i* %all be conv5$ & *air$ by ! ,executive ,director ( ,select,u,s,a1 9 coord9ation ) ! ,director ( ! ,national ,economic ,c\ncil4 7b7 ,memb]%ip ,! ,work+ ,gr\p %all consi/ ( s5ior (ficials f-- 7#a7 ag5cies repres5t$ on ! ,trade ,promotion ,coord9at+ ,committee e/abli%$ by section #bcab ( ! ,export ,enhancem5t ,act ( #aihh 7#ae ,u4,s4,c4 #dgbg72 & 7#b7 su* o!r ag5cies z ! ,secret>y ( ,comm]ce may designate4 7c7 ,functions ,! ,work+ ,gr\p %all coord9ate activities to promote bus9ess inve/m5t & respond to specific issues t affect bus9ess inve/m5t decisions4 #d4 ,reports & notifications to ,congress 7a7 ,9 g5]al ,n lat] ?an ,decemb] #ca ( ea* ye>1 ! ,secret>y ( ,comm]ce %all submit to ,congress a report on ! activities ( ,select,u,s,a dur+ ! prec$+ fiscal ye>4 7b7 ,cont5ts ,ea* report submitt$ "u subsection 7a7 %all include1 = ! p]iod cov]$ by ! report1 ! foll[+3 7#a7 ,a description ( ! outrea* activities ( ,select,u,s,a4 7#b7 ,a /atem5t ( ! funds us$ by ,select,u,s,a4 7#c7 ,an assessm5t ( ! numb] ( =eign firms t locat$ 9 ! ,unit$ ,/ates us+ ! s]vices provid$ by ,select,u,s,a1 includ+ ! economic effect ( su* locations = ! ,unit$ ,/ates1 & an assessm5t ( relat$ s]vices provid$ by ,select,u,s,a to ,/ate1 local1 regional1 & tribal economic developm5t organizations & int]national inve/ors4 7#d7 ,a description ( ! progress made by ! ,unit$ ,/ates 9 increas+ its %>e ( =eign direct inve/m5t f ! ,asia & ,pacific regions4 7#e7 ,a description ( ! ef=ts ( ,select,u,s,a 9 promot+ =eign direct inve/m5t 9 rural areas or small] ,/ates4 7#f7 ,a description ( ! ef=ts ( ,select,u,s,a 9 coord9at+ ) o!r ,f$]al ag5cies1 includ+ ! ,unit$ ,/ates & ,=eign ,comm]cial ,s]vice e/abli%$ "u section #bcja ( ! ,export ,enhancem5t ,act ( #aihh 7#ae ,u4,s4,c4 #dgba71 ! ,dep>tm5t ( ,/ate1 & ! ,=eign ,agricultural ,s]vice ( ! ,dep>tm5t ( ,agriculture4 7#g7 ,any f9d+s t are made by ,select,u,s,a 9 conduct+ its activities & are relevant to promot+ ! ,unit$ ,/ates z a de/9ation = =eign direct inve/m5t4 #e4 ,gov]nm5t ,acc\ntability ,(fice assessm5t ( effectiv5ess ( ,select,u,s,a 7a7 ,9 g5]al ,n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all submit to ,congress a report assess+ ! effectiv5ess ( ,select,u,s,a 9 increas+1 enc\rag+1 & support+ =eign direct inve/m5t 9 ! ,unit$ ,/ates4 7b7 ,recomm5dations ,! report requir$ by subsection 7a7 %all include recomm5dations = ways ,select,u,s,a may-- 7#a7 increase =eign direct inve/m5t 9 ! ,unit$ ,/ates2 7#b7 bett] coord9ate ) o!r ,f$]al ag5cies & o!r entities2 7#c7 bett] s]ve rural areas & small] ,/ates1 includ+ by tailor+ activities to ^? areas & ,/ates2 7#d7 increase =eign direct inve/m5t 9 ^? areas & ,/ates2 & 7#e7 m effectively use its res\rces4 #f4 ,au?orization ( appropriations = ,select,u,s,a ,!re are au?oriz$ to be appropriat$ to c>ry out ,select,u,s,a su* sums z may be necess>y = fiscal ye> #bjag & ea* fiscal ye> !reaft]4