,,ii #aae? ,,congress #a/ ,session ,s4 #agbb ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,augu/ #b1 #bjag ,mr4 ,sullivan introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to require ! ,committee on ,=eign ,inve/m5t 9 ! ,unit$ ,/ates to consid] ! reciprocity ( =eign inve/m5t1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,true ,reciprocity ,inve/m5t ,act ( #bjag4 #b4 ,consid]ation ( reciprocity ( =eign inve/m5t ,section #gba ( ! ,def5se ,production ,act ( #aiej 7#ej ,u4,s4,c4 #defe7 is am5d$ by add+ at ! end ! foll[+3 7o7 ,consid]ation ( reciprocity ( =eign inve/m5t 7#a7 ,report requir$ ,n lat] ?an #cj days aft] ! date ( ! enactm5t ( ! ,true ,reciprocity ,inve/m5t ,act ( #bjag1 & annually !reaft]1 ! ,unit$ ,/ates ,trade ,repres5tative %all1 9 consultation ) ! ,secret>y ( ,comm]ce & ! ,secret>y ( ! ,treasury1 submit to ! appropriate congressional committees a report assess+ ! ext5t to :i* ! gov]nm5ts ( =eign c\ntries all[ inve/m5ts by ,unit$ ,/ates p]sons 9 ^? c\ntries t are simil> to inve/m5ts 9 ! ,unit$ ,/ates made by entities organiz$ "u ! laws ( ^? c\ntries4 7#b7 ,elem5ts ,! report requir$ by p>agraph 7#a7 %all include1 ) respect to ea* c\ntry t is a major trad+ p>tn] ( ! ,unit$ ,/ates1 ! foll[+3 7,a7 ,a description ( ! laws1 policies1 & practices ( ! c\ntry ) respect to =eign inve/m5t4 7,b7 ,a comp>ison ( su* laws1 policies1 & practices ) ! laws1 policies1 & practices ( ! ,unit$ ,/ates ) respect to =eign inve/m5t4 7,c7 ,an assessm5t ( laws1 policies1 & practices by ! gov]nm5t ( ! c\ntry t prohibit1 re/rict1 or delay inve/m5t 9 ! c\ntry by ,unit$ ,/ates p]sons4 7,d7 ,an id5tification ( :i* su* laws1 policies1 & practices h _h ! mo/ significant effect on inve/m5t 9 t c\ntry by ,unit$ ,/ates p]sons4 7,e7 ,an id5tification ( ! indu/ries 9 ! ,unit$ ,/ates t h be5 mo/ sev]ely affect$ by su* laws1 policies1 & practices4 7,f7 ,an assessm5t ( ! transp>5cy ( ! process = mak+ su* laws1 policies1 & practices4 7,g7 ,if a bilat]al inve/m5t treaty is 9 effect betwe5 ! ,unit$ ,/ates & ! c\ntry1 an assessm5t ( ! ext5t to :i* ! gov]nm5t ( ! c\ntry has compli$ ) its obligations "u ! treaty4 7,h7 ,recomm5dations ) respect to :at rem$ies may be available to facilitate inve/m5t 9 ! c\ntry by ,unit$ ,/ates p]sons4 7,i7 ,an assessm5t ( ! am\nt ( gre5field inve/m5t 9 ! ,unit$ ,/ates by p]sons organiz$ "u ! laws ( or o!rwise subject to ! jurisdiction ( ! c\ntry4 7#c7 ,det]m9ations ,! report requir$ by p>agraph 7#a7 %all include ! det]m9ation ( ! ,trade ,repres5tative1 aft] consid]ation ( ! elem5ts describ$ 9 p>agraph 7#b71 ( :e!r ea* c\ntry t is a major trad+ p>tn] ( ! ,unit$ ,/ates-- 7,a7 has high b>ri]s to inve/m5t by ,unit$ ,/ates p]sons 7to be kn[n z a high b>ri] c\ntry72 7,b7 has rec5tly tak5 measures t con/itute b>ri]s to inve/m5t by ,unit$ ,/ates p]sons or has indicat$ an int5tion to take su* measures 7to be kn[n z a wat* c\ntry72 or 7,c7 has inve/m5t laws1 policies1 & practices t %\ld be monitor$ 7to be kn[n z a monitor c\ntry74 7#d7 ,ju/ification = transactions ) high b>ri] c\ntries 7,a7 ,9 g5]al ,if ! ,committee recomm5ds t ! ,presid5t n susp5d or prohibit "u subsection 7d7 a cov]$ transaction describ$ 9 subp>agraph 7,b71 ! ,committee %all include 9 ! report requir$ by p>agraph 7#a7 an explanation ( ! reasons = recomm5d+ t ! ,presid5t n susp5d or prohibit t transaction4 7,b7 ,cov]$ transaction describ$ ,a cov]$ transaction is describ$ 9 ?is subp>agraph if a p>ty to ! transaction is organiz$ "u ! laws ( or o!rwise subject to ! jurisdiction ( a high b>ri] c\ntry4 7#e7 ,def9itions ,9 ?is subsection3 7,a7 ,appropriate congressional committees ,! t]m appropriate congressional committees means-- 7i7 ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs1 ! ,committee on ,f9ance1 ! ,committee on ,=eign ,relations1 & ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ( ! ,s5ate2 & 7ii7 ! ,committee on ,f9ancial ,s]vice1 ! ,committee on ,ways & ,means1 ! ,committee on ,=eign ,affairs1 & ! ,committee on ,en]gy & ,comm]ce ( ! ,h\se ( ,repres5tatives4 7,b7 ,gre5field inve/m5t ,! t]m gre5field inve/m5t means an inve/m5t by a =eign p]son 9 ! ,unit$ ,/ates "u :i* ! =eign p]son builds op]ations & facilities 9 ! ,unit$ ,/ates in/ead ( pur*as+ or leas+ exi/+ facilities4 7,c7 ,unit$ ,/ates p]son ,! t]m ,unit$ ,/ates p]son means-- 7i7 a ,unit$ ,/ates citiz5 or an ali5 lawfully admitt$ = p]man5t resid5ce to ! ,unit$ ,/ates2 or 7ii7 an entity organiz$ "u ! laws ( ! ,unit$ ,/ates or ( any jurisdiction )9 ! ,unit$ ,/ates1 includ+ a =eign bran* ( su* an entity4 4 #c4 ,consid]ation ( report on reciprocity ,section #gba7;f7 ( ! ,def5se ,production ,act ( #aiej 7#ej ,u4,s4,c4 #defe7;f77 is am5d$-- 7#a7 9 p>agraph 7#d7-- 7,a7 9 subp>agraph 7,a71 by r$esignat+ clauses 7i71 7ii71 & 7iii7 z subclauses 7,i71 7,,ii71 & 7,,iii71 respectively1 & by mov+ su* subclauses1 z s r$esignat$1 #b ems to ! "r2 & 7,b7 by r$esignat+ subp>agraphs 7,a71 7,b71 & 7,c7 z clauses 7i71 7ii71 & 7iii71 respectively1 & by mov+ su* clauses1 z s r$esignat$1 #b ems to ! "r2 7#b7 9 p>agraph 7#i71 by r$esignat+ subp>agraphs 7,a71 7,b71 & 7,c7 z clauses 7i71 7ii71 & 7iii71 respectively1 & by mov+ su* clauses1 z s r$esignat$1 #b ems to ! "r2 7#c7 by r$esignat+ p>agraphs 7#a7 ?r\gh 7#aa7 z subp>agraphs 7,a7 ?r\gh 7,k71 respectively1 & by mov+ su* subp>agraphs1 z s r$esignat$1 #b ems to ! "r2 7#d7 9 ! matt] prec$+ subp>agraph 7,a71 z r$esignat$ by p>agraph 7#c71 by /rik+ may1 tak+ into acc\nt ! requirem5ts ( national security1 consid]-- & ins]t+ ! foll[+3 81 tak+ into acc\nt ! requirem5ts ( national security-- 7#a7 may consid]-- 2 7#e7 9 subp>agraph 7,k71 z r$esignat$ by p>agraph 7#c71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7#f7 by add+ at ! end ! foll[+3 7#b7 %all consid] ! f9d+s 9 ! mo/ rec5t report requir$ by subsection 7o7 ) respect to any =eign c\ntry ) jurisdiction ov] a p>ty to ! propos$ or p5d+ transaction4 4