,i #aae? ,,congress #a/ ,session ,h4 ,r4 #bgdg ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #be1 #bjag,mr4 ,yoho 7= himself1 ,mr4 ,smi? ( ,wa%+ton1 ,mr4 ,k9z+]1 ,mr4 ,ru%1 ,mr4 ,?omas ,j4 ,rooney ( ,florida1 ,mr4 ,ellison1 & ,mr4 ,polis7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,=eign ,affairs ,a ,,bill ,to catalyze m>ket-bas$ economic gr[? 9 develop+ c\ntries1 create opportunities = ! private sector ( ! ,unit$ ,/ates to effectively engage 9 =eign assi/ance programs1 improve plann+ & coord9ation among relevant ,unit$ ,/ates dep>tm5ts & ag5cies1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,economic ,gr[? & ,developm5t ,act4 #b4 ,s5se ( ,congress on ,unit$ ,/ates developm5t assi/ance ,x is ! s5se ( ,congress t-- 7#a7 ,unit$ ,/ates developm5t assi/ance-- 7,a7 is mo/ effective 9 c\ntries ) gov]nm5ts t demon/rate a commitm5t to ! rule ( law1 human rights1 inve/+ 9 _! own p1 combat+ corruption1 & creat+ a policy environm5t & legal framework t enables trade1 inve/m5t1 & endur+ economic gr[?2 7,b7 is mo/ likely to produce su/a9able results :5 x aligns ) ! developm5t priorities ( ! recipi5t c\ntry1 creates opportunities = gr[? lead by ! private sector1 & complem5ts r ?an replac+ gov]nm5t inve/m5ts 9 priority sectors ?r\gh a transp>5t & acc\ntable sy/em ( dome/ic res\rce mobilization2 7,c7 %\ld be guid$ by a unifi$ /rategy1 ambiti\s t>gets1 & robu/ monitor+ & evaluation to ensure t x is effici5t1 effective1 & results-ori5t$2 7,d7 %\ld be t>get$ 9 recipi5t c\ntries 9 a mann] t-- 7i7 advances ! rule ( law2 7ii7 builds & /r5g!ns civic in/itutions & trade capacity2 7iii7 addresses b9d+ con/ra9ts to m>ket-bas$ economic gr[?2 7iv7 catalyzes private sector inve/m5t 9 key developm5t areas1 su* z utilities1 infra/ructure1 agriculture1 heal?1 & education2 7v7 promotes transp>5cy & acc\ntability among donors1 gov]nm5ts1 & citiz5s2 & 7vi7 places recipi5t c\ntries on a trajectory t[>d graduation f =eign assi/ance2 & 7,e7 %\ld prioritize & bett] coord9ate res\rces t support enhanc$ trade capacity & facilitate fair] & m su/a9able trade ) p>tn] c\ntries2 & 7#b7 ,unit$ ,/ates developm5t f9ance programs1 :i* mobilize private capital to a*ieve developm5t objectives & may soon outpace traditional grant-bas$ assi/ance programs 9 t]ms ( total capital inve/m5ts1 %\ld-- 7,a7 be appropriately lev]ag$ to complem5t1 r ?an replace1 o!r =ms ( private capital2 7,b7 drive inclusive1 endur+ economic gr[?2 & 7,c7 h /ability & pr$ictability by be+ provid$ a multi-ye> au?orization4 #c4 ,int]ag5cy me*anism to coord9ate ,unit$ ,/ates developm5t programs & private sector inve/m5t 7a7 ,9 g5]al ,! ,presid5t %all e/abli% a prim>y int]ag5cy me*anism to coord9ate ,unit$ ,/ates developm5t assi/ance programs c>ri$ out by ,f$]al dep>tm5ts & ag5cies engag$ 9 plann+ or provid+ su* assi/ance ov]seas ) ! inve/m5t activities ( ! private sector4 7b7 ,duties ,! int]ag5cy me*anism e/abli%$ "u subsection 7a7 %all-- 7#a7 /reaml9e ! private-sector liaison1 coord9ation1 & inve/m5t promotion functions ( su* ,f$]al dep>tm5ts & ag5cies2 7#b7 facilitate ! use ( developm5t & f9ance tools across su* ,f$]al dep>tm5ts & ag5cies to attract great] p>ticipation 9 developm5t activities by ! private sector2 & 7#c7 e/abli% a s+le po9t ( contact = entities 9 ! private sector ( ! ,unit$ ,/ates to pursue p>tn]%ip opportunities ) su* ,f$]al dep>tm5ts & ag5cies4 7c7 ,annual report ,n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft] ?r\gh #bjbb1 ! ,presid5t %all submit to ! ,committee on ,=eign ,affairs ( ! ,h\se ( ,repres5tatives & ! ,committee on ,=eign ,relations ( ! ,s5ate a report evaluat+ ! progress ( ! int]ag5cy me*anism 9 c>ry+ out ! duties describ$ 9 subsection 7b74 #d4 ,developm5t /rategies 7a7 ,9 g5]al ,! heads ( ,f$]al dep>tm5ts & ag5cies engag$ 9 plann+ or provid+ ,unit$ ,/ates developm5t assi/ance ov]seas %all ensure t-- 7#a7 a rigor\s analysis ( ! con/ra9ts to economic gr[? & inve/m5t )9 a c\ntry receiv+ su* assi/ance guides any developm5t /rategy ( ! ,unit$ ,/ates ) respect to su* c\ntry2 & 7#b7 ! developm5t /rategies ( ! ,unit$ ,/ates are coord9at$ ) activities c>ri$ out by ! private sector )9 c\ntries receiv+ su* assi/ance1 to ! greate/ ext5t practicable & appropriate4 7b7 ,matt]s ,to be includ$ ,ea* analysis requir$ "u subsection 7a77#a7 %all include an id5tification & analysis (-- 7#a7 ! con/ra9ts pos$ by inadequacies 9 critical infra/ructure1 ! education sy/em1 ! rule ( law1 ! tax & inve/m5t codes1 or ! cu/oms or regulatory regimes 9 ! recipi5t c\ntry2 & 7#b7 ! p>ticul> economic sectors1 su* z ! agriculture1 transportation1 en]gy1 education1 or f9ancial s]vices sectors1 t are c5tral to a*iev+ economic gr[? 9 ! recipi5t c\ntry4 7c7 ,results ,! results ( ea* analysis requir$ "u subsection 7a77#a7 %all be-- 7#a7 incorporat$ into any relevant developm5t /rategy1 z def9$ 9 subsection 7d72 & 7#b7 us$ to in=m & guide ! allocation ( res\rces by ,f$]al dep>tm5ts & ag5cies engag$ 9 plann+ or provid+ ,unit$ ,/ates developm5t assi/ance ov]seas4 7d7 ,developm5t /rategy def9$ ,9 ?is section1 ! t]m developm5t /rategy means any global1 sectoral1 or c\ntry developm5t /rategy ( ! ,unit$ ,/ates & includes any integrat$ c\ntry /rategy1 regional or functional /rategy1 c\ntry developm5t coop]ation /rategy1 or mission /rategic res\rce plan4