In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
Q: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Global Investment in American Jobs
Act of 2013''.

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 consistently
reaffirmed the need to maintain an open investment climate as a
key to domestic economic prosperity and security.
(5) The United States has historically been the largest
worldwide recipient of foreign direct investment but has seen
its share decline in recent years.
(6) The United States faces increasing competition from
other countries as they work to recruit investment from global
companies.
(7) Foreign direct investment can benefit the economy and
workforce of every State and Commonwealth 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, including by--
(A) providing jobs for nearly 5,600,000 people in
the United States with compensation that is often
higher than the national private-sector average, as
many of these jobs are in high-skilled, high-paying
industries;
(B) strengthening the United States industrial base
and employing nearly 15 percent of the United States
manufacturing sector workforce;
(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 research and
development activities;
(E) paying nearly 14 percent of United States
corporate income taxes; and
(F) purchasing goods and services from local
suppliers and small businesses, worth hundreds of
billions of dollars annually.
(9) These companies account for 5.8 percent of United
States private sector Gross Domestic Product (GDP).
(10) The Department of Commerce and the Department of State
have initiatives in place to increase foreign direct
investment.
(11) President Barack Obama 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) President Obama signed an Executive order in 2011 to
establish the SelectUSA initiative and expanded its resources
and activities in 2012, aimed at promoting greater levels of
business investment in the United States.
(13) The President's Council on Jobs and Competitiveness in
2011 recommended the establishment of a National Investment
Initiative to attract $1,000,000,000,000 in foreign direct
investment over five years.

SEC. 3. SENSE OF CONGRESS.

It is the sense of Congress that--
(1) the ability of the United States to attract foreign
direct investment is directly linked to the long-term economic
prosperity, global competitiveness, and security of the United
States;
(2) in order to remain the most attractive location for
foreign direct investment, Congress should be mindful of the
potential impact upon the ability of the United States to
attract foreign direct investment when evaluating proposed
legislation;
(3) it is a top national priority to enhance the
competitiveness, prosperity, and security of the United States
by--
(A) removing unnecessary barriers to foreign direct
investment and the jobs that it creates throughout the
United States; and
(B) promoting policies to ensure the United States
remains the premier global destination in which to
invest, hire, innovate, and manufacture their products;
(4) maintaining the United States commitment 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; and
(5) while foreign direct investment can enhance the
economic strength of the United States, policies regarding
foreign direct investment should reflect national security
interests and should not disadvantage domestic investors or
companies.

SEC. 4. FOREIGN DIRECT INVESTMENT REVIEW.

(a) Review.--The Secretary of Commerce, in coordination with the
Federal Interagency Investment Working Group and the heads of other
relevant Federal departments and agencies, shall conduct an interagency
review of the global competitiveness of the United States in attracting
foreign direct investment.
(b) Specific Matters To Be Included.--The review conducted pursuant
to subsection (a) shall include a review of--
(1) the current economic impact of foreign direct
investment in the United States, with particular focus on
manufacturing, research and development, trade, and jobs;
(2) trends in global cross-border investment flows,
including an assessment of the current United States
competitive position as an investment location for companies
headquartered abroad;
(3) Federal Government policies that are closely linked to
the ability of the United States to attract and retain foreign
direct investment;
(4) ongoing Federal Government efforts to improve the
investment climate, reduce investment barriers, and facilitate
greater levels of foreign direct investment in the United
States;
(5) innovative and noteworthy State, regional, and local
government initiatives to attract foreign investment; and
(6) initiatives by other countries in order to identify
best practices for increasing global competitiveness in
attracting foreign direct investment.
(c) Limitation.--The review conducted pursuant to subsection (a)
shall not address laws and policies relating to the Committee on
Foreign Investment in the United States.
(d) Public Comment.--Prior to--
(1) conducting the review under subsection (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) reporting pursuant to subsection (e), the Secretary
shall publish the proposed findings and recommendations to
Congress 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 of Commerce, in coordination
with the Federal Interagency Investment Working Group and the heads of
other relevant Federal departments and agencies, shall report to
Congress the findings of the review required under subsection (a) and
submit recommendations to make the United States more competitive in
attracting foreign direct investment without undermining fundamental
domestic labor, consumer, or environmental protections.
A:
Global Investment in American Jobs Act of 2013 - Expresses the sense of Congress that: (1) U.S. ability to attract foreign direct investment is directly linked to U.S. long-term economic prosperity, global competitiveness, and security; (2) it should be mindful of the potential impact upon the U.S. ability to attract foreign direct investment when evaluating proposed legislation; (3) it is a top national priority to enhance U.S. competitiveness, prosperity, and security by removing unnecessary barriers to foreign direct investment and the U.S. jobs it creates and promoting policies to ensure the United States remains the premier global destination in which to invest, hire, innovate, and manufacture products; (4) maintaining the U.S. commitment to open investment policy encourages other countries to do the same and enables the United States to open new markets abroad for U.S. companies and their products; and (5) U.S. policies regarding foreign direct investment should reflect national security interests and should not disadvantage domestic investors or companies. Directs the Secretary of Commerce to conduct an interagency review of the U.S. global competitiveness in attracting foreign direct investment and report to Congress recommendations for making the United States more competitive in attracting foreign direct investment without undermining fundamental domestic labor, consumer, or environmental protections.