,i #aaf? ,,congress #b;d ,session ,h4 ,r4 #ggec ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,july #bc1 #bjbj,mrs4 ,rodg]s ( ,wa%+ton 7= h]self & ,mr4 ,ru%7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,en]gy & ,comm]ce ,a ,,bill ,to direct ! ,secret>y ( ,comm]ce1 9 coord9ation ) ! heads ( o!r relevant ,f$]al dep>tm5ts & ag5cies1 to conduct an int]ag5cy review ( & report to ,congress on ways to increase ! global competitiv5ess ( ! ,unit$ ,/ates 9 attract+ =eign direct inve/m5t4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,global ,inve/m5t 9 ,am]ican ,jobs ,act ( #bjbj4 #b4 ,s5se ( congress ,x is ! s5se ( ,congress t-- 7#a7 ! ability ( ! ,unit$ ,/ates to attract =eign direct inve/m5t is directly l9k$ to ! long-t]m economic prosp]ity1 global competitiv5ess1 & security ( ! ,unit$ ,/ates2 7#b7 x is a top national priority to enhance ! global competitiv5ess1 prosp]ity1 & security ( ! ,unit$ ,/ates by-- 7,a7 remov+ unnecess>y b>ri]s to =eign direct inve/m5t & ! jobs t su* inve/m5t creates ?r\gh\t ! ,unit$ ,/ates2 7,b7 promot+ policies to ensure ! ,unit$ ,/ates rema9s ! premi] global de/9ation to inve/1 hire1 innovate1 provide s]vices & manufacture products2 & 7,c7 promot+ policies to ensure ! ,unit$ ,/ates rema9s ! global lead] 9 develop+ & deploy+ cutt+-edge te*nologies su* z self-driv+ vehicle te*nology1 artificial intellig5ce1 ,int]net ( ,?+s1 quantum comput+1 block*a91 & ! l2 7#c7 ma9ta9+ ! ,unit$ ,/ates commitm5t to op5 inve/m5t policy enc\rages o!r c\ntries to reciprocate & enables ! ,unit$ ,/ates to op5 new m>kets abroad = ,unit$ ,/ates companies & _! products2 7#d7 :ile =eign direct inve/m5t c enhance ! ,unit$ ,/ates economic /r5g?1 policies reg>d+ =eign direct inve/m5t %\ld reflect national security int]e/s & %\ld n disadvantage dome/ic inve/ors or companies2 7#e7 ,unit$ ,/ates ef=ts to attract =eign direct inve/m5t %\ld be consi/5t ) ef=ts to ma9ta9 & improve ! dome/ic /&>d ( liv+2 & 7#f7 z digital in=mation becomes increas+ly important to ! ,unit$ ,/ates economy & ! developm5t ( new te*nologies & s]vices t w be crucial to ! c\ntry's competitiv5ess 9 ! #ba/ c5tury global economy1 b>ri]s su* z data localism & infr+em5t ( intellectual prop]ty rights mu/ be address$4 #c4 ,=eign direct inve/m5t review 7a7 ,review ,! ,secret>y ( ,comm]ce1 9 coord9ation ) ! ,f$]al ,int]ag5cy ,inve/m5t ,work+ ,gr\p & ! heads ( o!r relevant ,f$]al dep>tm5ts & ag5cies1 %all conduct an int]ag5cy review ( ! global competitiv5ess ( ! ,unit$ ,/ates 9 attract+ =eign direct & address+ key =eign trade b>ri]s t firms 9 advanc$ te*nology sectors face 9 ! global digital economy4 7b7 ,specific matt]s ,to be includ$ ,! review conduct$ pursuant to subsection 7a7 %all include a review (-- 7#a7 ! curr5t economic impact ( =eign direct inve/m5t 9 ! ,unit$ ,/ates1 ) p>ticul> focus on manufactur+1 s]vices1 rese>* & developm5t1 trade 7) an emphasis on digital trade71 & jobs2 7#b7 tr5ds 9 global cross-bord] inve/m5t & data fl[s & ! und]ly+ factors = su* tr5ds2 7#c7 ,f$]al ,gov]nm5t policies t are closely l9k$ to ! ability ( ! ,unit$ ,/ates to attract & reta9 =eign direct inve/m5t2 7#d7 =eign direct inve/m5t z comp>$ to direct inve/m5t by dome/ic entities2 7#e7 =eign direct inve/m5t t takes ! =m ( gre5field inve/m5t z comp>$ to =eign direct inve/m5t reflect+ m]g] & acquisition activity2 7#f7 ! unique *all5ges pos$ by =eign direct inve/m5t1 p>ticul>ly acquisitions1 by /ate-own$ or /ate-back$ ent]prises1 especially f /ate-direct$ economies2 7#g7 h[ o!r c\ntries are deal+ ) ! *all5ge ( /ate-direct$ & support$ inve/m5t & :e!r !re are opportunities to "w ) l-m9d$ nations 9 address+ ^! %>$ *all5ges2 7#h7 ongo+ ,f$]al ,gov]nm5t ef=ts to improve ! inve/m5t climate & facilitate great] levels ( =eign direct inve/m5t 9 ! ,unit$ ,/ates2 7#i7 innovative & notewor?y ,/ate1 regional1 & local gov]nm5t initiatives to attract =eign inve/m5t2 7#aj7 initiatives by o!r c\ntries 9 ord] to id5tify be/ practices = increas+ global competitiv5ess 9 attract+ =eign direct inve/m5t2 7#aa7 ! impact t protectioni/ policies by o!r c\ntries1 su* z =c$ data localism rules1 =c$ localization ( production1 indu/rial subsidies1 & ! infr+em5t ( intellectual prop]ty rights1 h on ! advanc$ te*nology economy ( ! ,unit$ ,/ates & ! ability = ,unit$ ,/ates locat$ firms to develop innovative te*nologies2 7#ab7 o!r b>ri]s to ! ,unit$ ,/ates ability to compete globally 9 an increas+ly connect$ & digital globally economy1 = in/ance1 ! use ( te*nical b>ri]s to trade 7su* z c\ntry specific /&>ds = te*nology products & digital s]vices72 & 7#ac7 ! adequacy ( ef=ts by ! ,f$]al ,gov]nm5t to increase ! ease = =eign firms consid]+ inve/m5t 9 ! ,unit$ ,/ates4 7c7 ,limitation ,! review conduct$ pursuant to subsection 7a7 %all n address laws or policies relat+ to ! ,committee on ,=eign ,inve/m5t 9 ! ,unit$ ,/ates4 7d7 ,public comm5t ,prior to-- 7#a7 conduct+ ! review "u subsection 7a71 ! ,secret>y %all publi% notice ( ! review 9 ! ,f$]al ,regi/] & %all provide an opportunity = public comm5t on ! matt]s to be cov]$ by ! review2 & 7#b7 report+ pursuant to subsection 7e71 ! ,secret>y %all publi% ! propos$ f9d+s & recomm5dations to ,congress 9 ! ,f$]al ,regi/] & %all provide an opportunity = public comm5t4 7e7 ,report to ,congress ,n lat] ?an "o ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y ( ,comm]ce1 9 coord9ation ) ! ,f$]al ,int]ag5cy ,inve/m5t ,work+ ,gr\p & ! heads ( o!r relevant ,f$]al dep>tm5ts & ag5cies1 %all report to ,congress ! f9d+s ( ! review requir$ "u subsection 7a7 & submit recomm5dations = increas+ ! global competitiv5ess ( ! ,unit$ ,/ates 9 attract+ =eign direct inve/m5t & develop+ #ba/ c5tury te*nologies & s]vices1 )\t weak5+ national security1 labor1 consum]1 f9ancial1 or environm5tal protections4