,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #ggec  ,,in ,,the ,,house ,,of  
,,representatives  ,july #bc1 #bjbj,mrs4
 ,rodgers of ,washington 7for herself   
and ,mr4 ,rush7 introduced the following
 bill2 which was referred to the        
,committee on ,energy and ,commerce  ,a 
,,bill  ,to direct the ,secretary of    
,commerce1 in coordination with the     
heads of other relevant ,federal        
departments and agencies1 to conduct an 
interagency review of and report to     
,congress on ways to increase the global
 competitiveness of the ,united ,states 
in attracting foreign direct investment4
  #a4 ,short title ,this ,act may be    
cited as the ,global ,investment in     
,american ,jobs ,act of #bjbj4  #b4     
,sense of congress ,it is the sense of  
,congress that-- 7#a7 the ability of the
 ,united ,states to attract foreign     
direct investment is directly linked to 
the long-term economic prosperity1      
global competitiveness1 and security of 
the ,united ,states2  7#b7 it is a top  

national priority to enhance the global 
competitiveness1 prosperity1 and        
security of the ,united ,states by--    
7,a7 removing unnecessary barriers to   
foreign direct investment and the jobs  
that such investment creates throughout 
the ,united ,states2  7,b7 promoting    
policies to ensure the ,united ,states  
remains the premier global destination  
to invest1 hire1 innovate1 provide      
services and manufacture products2 and  
7,c7 promoting policies to ensure the   
,united ,states remains the global      
leader in developing and deploying      
cutting-edge technologies such as       
self-driving vehicle technology1        
artificial intelligence1 ,internet of   
,things1 quantum computing1 blockchain1 
and the like2  7#c7 maintaining the     
,united ,states commitment to open      
investment policy encourages other      
countries to reciprocate and enables the
 ,united ,states to open new markets    
abroad for ,united ,states companies and
 their products2  7#d7 while foreign    

direct investment can enhance the       
,united ,states economic strength1      
policies regarding foreign direct       
investment should reflect national      
security interests and should not       
disadvantage domestic investors or      
companies2  7#e7 ,united ,states efforts
 to attract foreign direct investment   
should be consistent with efforts to    
maintain and improve the domestic       
standard of living2 and  7#f7 as digital
 information becomes increasingly       
important to the ,united ,states economy
 and the development of new technologies
 and services that will be crucial to   
the country's competitiveness in the    
#bast century global economy1 barriers  
such as data localism and infringement  
of intellectual property rights must be 
addressed4  #c4 ,foreign direct         
investment review  7a7 ,review ,the     
,secretary of ,commerce1 in coordination
 with the ,federal ,interagency         
,investment ,working ,group and the     
heads of other relevant ,federal        

departments and agencies1 shall conduct 
an interagency review of the global     
competitiveness of the ,united ,states  
in attracting foreign direct and        
addressing key foreign trade barriers   
that firms in advanced technology       
sectors face in the global digital      
economy4  7b7 ,specific matters ,to be  
included ,the review conducted pursuant 
to subsection 7a7 shall include a review
 of-- 7#a7 the current economic impact  
of foreign direct investment in the     
,united ,states1 with particular focus  
on manufacturing1 services1 research and
 development1 trade 7with an emphasis on
 digital trade71 and jobs2  7#b7 trends 
in global cross-border investment and   
data flows and the underlying factors   
for such trends2  7#c7 ,federal         
,government policies that are closely   
linked to the ability of the ,united    
,states to attract and retain foreign   
direct investment2  7#d7 foreign direct 
investment as compared to direct        
investment by domestic entities2  7#e7  

foreign direct investment that takes the
 form of greenfield investment as       
compared to foreign direct investment   
reflecting merger and acquisition       
activity2  7#f7 the unique challenges   
posed by foreign direct investment1     
particularly acquisitions1 by           
state-owned or state-backed enterprises1
 especially from state-directed         
economies2  7#g7 how other countries are
 dealing with the challenge of          
state-directed and supported investment 
and whether there are opportunities to  
work with like-minded nations in        
addressing these shared challenges2     
7#h7 ongoing ,federal ,government       
efforts to improve the investment       
climate and facilitate greater levels of
 foreign direct investment in the       
,united ,states2  7#i7 innovative and   
noteworthy ,state1 regional1 and local  
government initiatives to attract       
foreign investment2  7#aj7 initiatives  
by other countries in order to identify 
best practices for increasing global    

competitiveness in attracting foreign   
direct investment2  7#aa7 the impact    
that protectionist policies by other    
countries1 such as forced data localism 
rules1 forced localization of           
production1 industrial subsidies1 and   
the infringement of intellectual        
property rights1 have on the advanced   
technology economy of the ,united       
,states and the ability for ,united     
,states located firms to develop        
innovative technologies2  7#ab7 other   
barriers to the ,united ,states ability 
to compete globally in an increasingly  
connected and digital globally economy1 
for instance1 the use of technical      
barriers to trade 7such as country      
specific standards for technology       
products and digital services72 and     
7#ac7 the adequacy of efforts by the    
,federal ,government to increase the    
ease for foreign firms considering      
investment in the ,united ,states4  7c7 
,limitation ,the review conducted       
pursuant to subsection 7a7 shall not    

address laws or policies relating to the
 ,committee on ,foreign ,investment in  
the ,united ,states4  7d7 ,public       
comment ,prior to-- 7#a7 conducting the 
review under subsection 7a71 the        
,secretary shall publish notice of the  
review in the ,federal ,register and    
shall provide an opportunity for public 
comment on the matters to be covered by 
the review2 and  7#b7 reporting pursuant
 to subsection 7e71 the ,secretary shall
 publish the proposed findings and      
recommendations to ,congress in the     
,federal ,register and shall provide an 
opportunity for public comment4  7e7    
,report to ,congress ,not later than one
 year after the date of enactment of    
this ,act1 the ,secretary of ,commerce1 
in coordination with the ,federal       
,interagency ,investment ,working ,group
 and the heads of other relevant        
,federal departments and agencies1 shall
 report to ,congress the findings of the
 review required under subsection 7a7   
and submit recommendations for          

increasing the global competitiveness of
 the ,united ,states in attracting      
foreign direct investment and developing
 #bast century technologies and         
services1 without weakening national    
security1 labor1 consumer1 financial1 or
 environmental protections4