Global Investment in American Jobs Act of 2012

Bill: 112-hr-5910
Sponsor: Rep. Dold, Robert J. [R-IL-10]
Introduced: 2012-06-07 in the House
Policy area: Foreign Trade and International Finance
Subjects: Administrative law and regulatory procedures
Competitiveness, trade promotion, trade deficits
Congressional oversight
Economic performance and conditions
Government studies and investigations
Manufacturing
U.S. and foreign investments

Summary:
action_date: 2012-06-07
text: 
Global Investment in American Jobs Act of 2012 - Expresses the sense of Congress that: (1) U.S. ability to attract inbound investment is directly linked to U.S. long-term economic prosperity, competitiveness, and security; (2) Congress and federal departments and agencies should consider potential impact upon U.S. ability to attract foreign direct investment when evaluating proposed legislation or regulatory policy; and (3) it is a top national priority to enhance U.S. competitiveness, prosperity, and security by removing unnecessary barriers to inward global investment and the U.S. jobs it creates and promoting policies to ensure the United States remains the premier destination for global companies to invest, hire, innovate, and manufacture their products.
 
Amends the Foreign Direct Investment and International Financial Data Improvements Act of 1990 to direct the Secretary of Commerce to conduct an interagency review of U.S. laws and policies on foreign direct investment in the United States and develop recommendations to make the United States more competitive in attracting and retaining strong investment flows from abroad.

action_date: 2012-09-19
text: 
Global Investment in American Jobs Act of 2012 - Expresses the sense of Congress that: (1) U.S. ability to attract inbound investment (particularly net new investment) is directly linked to U.S. long-term economic prosperity, competitiveness, and security; (2) Congress and federal departments and agencies should be mindful of the potential impact upon U.S. ability to attract foreign direct investment when evaluating proposed legislation or regulatory policy; (3) it is a top national priority to enhance U.S. competitiveness, prosperity, and security by removing unnecessary barriers to inward global investment and the U.S. jobs it creates and promoting policies to ensure the United States remains the premier destination for global companies to invest, hire, innovate, and manufacture their products; and (4) U.S. policies regarding foreign direct investment should reflect national security interests.
 
Amends the Foreign Direct Investment and International Financial Data Improvements Act of 1990 to direct the Secretary of Commerce to conduct an interagency review of U.S. laws and policies on foreign direct investment in the United States and develop recommendations to make the United States more competitive in attracting and retaining strong investment flows from abroad.


Legislative actions:
action_date: 2012-09-20
text: Received in the Senate.
action_date: 2012-09-19
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2012-09-19
text: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (consideration: CR H6132-6133)
action_date: 2012-09-19
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(consideration: CR H6132-6133)
action_date: 2012-09-19
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 5910.
action_date: 2012-09-19
text: Considered under suspension of the rules. (consideration: CR H6132-6134)
action_date: 2012-09-19
text: Mrs. Bono Mack moved to suspend the rules and pass the bill, as amended.
action_date: 2012-06-08
text: Referred to the Subcommittee on Commerce, Manufacturing, and Trade.
action_date: 2012-06-07
text: Referred to the House Committee on Energy and Commerce.
action_date: 2012-06-07
text: Introduced in House
action_date: 2012-06-07
text: Introduced in House