II 
112TH CONGRESS 
2D SESSION 
H. R. 5910 
IN THE SENATE OF THE UNITED STATES 
SEPTEMBER 20, 2012 
Received 
AN ACT 
To direct the Secretary of Commerce, in coordination with 
the heads of other relevant Federal departments and 
agencies, to produce a report on enhancing the competi-
tiveness of the United States in attracting foreign direct 
investment, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
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SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Global Investment in 
American Jobs Act of 2012’’. 
SEC. 2. FINDINGS. 
Congress finds the following: 
(1) It remains an urgent national priority to 
improve economic growth and create new jobs. 
(2) 
National 
security 
requires 
economic 
strength and global engagement. 
(3) Businesses today have a wide array of 
choices when considering where to invest, expand, or 
establish new operations. 
(4) Administrations of both parties have con-
sistently reaffirmed the need to maintain an open in-
vestment climate as a key to domestic economic 
prosperity and security. 
(5) The United States has historically been the 
largest worldwide recipient of global investment but 
has seen its share of inbound global investment de-
cline relative to its gross domestic product in recent 
years. 
(6) Governors and mayors throughout the 
United States face increasing competition from other 
countries as they work to recruit investment from 
global companies. 
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(7) Foreign direct investment can benefit the 
economy and workforce of every State and Common-
wealth in the United States. 
(8) According to the latest Federal statistics, 
the 
United 
States 
subsidiaries 
of 
companies 
headquartered abroad contribute to the United 
States economy in a variety of important ways, in-
cluding by— 
(A) providing jobs for nearly 5,300,000 
Americans with average compensation that is 
approximately 33 percent higher than the na-
tional private-sector average, as these jobs are 
often in high-skilled, high-paying industries; 
(B) strengthening the United States indus-
trial base and employing nearly 15 percent of 
the United States manufacturing sector work-
force; 
(C) establishing operations in the United 
States from which to sell goods and services 
around the world, thereby producing nearly 18 
percent of United States exports; 
(D) promoting innovation with more than 
$41,000,000,000 in annual United States re-
search and development activities; 
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(E) paying nearly 17 percent of United 
States corporate income taxes; and 
(F) 
purchasing 
more 
than 
$1,800,000,000,000 in domestic goods and 
services annually from local suppliers and small 
businesses, amounting to 80 cents for every dol-
lar spent on input purchases. 
(9) These companies account for 5.8 percent of 
United States private sector Gross Domestic Prod-
uct. 
(10) The Secretary of Commerce and the Sec-
retary of State have declared increasing inbound 
global investment to be among their top priorities. 
(11) The President issued a statement in 2011 
reaffirming the longstanding open investment policy 
of the United States and encouraged all countries to 
pursue such a policy. 
(12) The President signed an Executive order 
in 2011 to establish the SelectUSA initiative, aimed 
at promoting greater levels of business investment in 
the United States. 
(13) The President’s Council on Jobs and Com-
petitiveness in 2011 recommended the establishment 
of a National Investment Initiative to attract 
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$1,000,000,000,000 in new business investment 
from abroad. 
(14) The United States and the European 
Union recently unveiled a set of principles aimed at 
promoting a more open climate for international in-
vestment and intended as a model for countries 
around the world. 
(15) Maintaining the United States commit-
ment to open investment policy encourages other 
countries to do the same and enables the United 
States to open new markets abroad for United 
States companies and their products. 
SEC. 3. SENSE OF CONGRESS. 
It is the sense of Congress that— 
(1) the ability of the United States to attract 
inbound investment, particularly net new investment, 
is directly linked to the long-term economic pros-
perity, competitiveness, and security of the United 
States; 
(2) in order to remain the most attractive loca-
tion for global investment, Congress and Federal de-
partments and agencies should be mindful of the po-
tential impact upon the ability of the United States 
to attract foreign direct investment when evaluating 
proposed legislation or regulatory policy; 
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