sible private-sector entities based in trusted coun-
tries. 
(12) The impact that protectionist policies by 
other countries, including forced data localization 
rules, forced localization of production, industrial 
subsidies, and the infringement of intellectual prop-
erty rights, have on the advanced technology econ-
omy of the United States and the ability for United 
States located firms to develop innovative tech-
nologies. 
(13) Other barriers to the ability of the United 
States to compete globally in an increasingly con-
nected and digital global economy, including, the use 
of technical barriers to trade, country-specific stand-
ards for technology products and digital services. 
(14) The adequacy of efforts by the Federal 
Government to encourage and facilitate foreign di-
rect investment in the United States. 
(15) Efforts by the Chinese Communist Party 
to circumvent existing laws to gain access to U.S. 
markets, foreign direct investment responsible pri-
vate-sector entities based in trusted countries, or in-
tellectual property. 
(c) LIMITATION.—The review conducted pursuant to 
subsection (a) shall not address laws or policies relating 
VerDate Sep 11 2014 
01:42 Mar 06, 2025
Jkt 059200
PO 00000
Frm 00007
Fmt 6652
Sfmt 6201
E:\BILLS\H1679.IH
H1679
kjohnson on DSK7ZCZBW3PROD with $$_JOB
to the Committee on Foreign Investment in the United 
States. 
(d) PUBLIC COMMENT.—Before— 
(1) conducting the review pursuant to sub-
section (a), the Secretary shall publish notice of the 
review in the Federal Register and shall provide an 
opportunity for public comment on the matters to be 
covered by the review; and 
(2) the submission of the report pursuant to 
subsection (e), the Secretary shall publish the pro-
posed findings and recommendations in the Federal 
Register and shall provide an opportunity for public 
comment. 
(e) REPORT TO CONGRESS.—Not later than one year 
after the date of the enactment of this Act, the Secretary, 
in coordination with the Federal Interagency Investment 
Working Group and the heads of other relevant Federal 
departments and agencies, shall submit to Congress a re-
port on the findings of the review required pursuant to 
subsection (a) and include recommendations for increasing 
the global competitiveness of the United States in attract-
ing foreign direct investment from responsible private-sec-
tor entities based in trusted countries in a manner that 
strengthens or maintains the security, labor, consumer, fi-
nancial, or environmental protections of the United States. 
VerDate Sep 11 2014 
01:42 Mar 06, 2025
Jkt 059200
PO 00000
Frm 00008
Fmt 6652
Sfmt 6201
E:\BILLS\H1679.IH
H1679
kjohnson on DSK7ZCZBW3PROD with $$_JOB
(f) DEFINITIONS.—In this Act: 
(1) RESPONSIBLE PRIVATE-SECTOR ENTITY.— 
The term ‘‘responsible private-sector entity’’ means 
an entity that the Secretary of Commerce deter-
mines is— 
(A) not organized under the laws of a for-
eign adversary; and 
(B) not owned, controlled, or otherwise 
subject to the influence of, a foreign adversary. 
(2) SECRETARY.—The term ‘‘Secretary’’ means 
the Secretary of Commerce. 
(3) TRUSTED
COUNTRY.—The term ‘‘trusted 
country’’ means a country that is not determined by 
the Secretary of Commerce to be a of the United 
States. 
Æ 
VerDate Sep 11 2014 
01:42 Mar 06, 2025
Jkt 059200
PO 00000
Frm 00009
Fmt 6652
Sfmt 6301
E:\BILLS\H1679.IH
H1679
kjohnson on DSK7ZCZBW3PROD with $$_JOB