HR813-118

Passed House

To direct the Secretary of Commerce, in coordination with the heads of other relevant Federal departments and agencies, to conduct an interagency review of and report to Congress on ways to increase the global competitiveness of the United States in attracting foreign direct investment.

118th Congress Introduced Feb 2, 2023

Legislative Progress

Passed House
Introduced Committee Passed
Feb 2, 2023

Mr. Pence introduced the following bill; which was referred to …

Feb 2, 2023 (inferred)

Passed House (inferred from eh version)

Summary

What This Bill Does

Expresses Congressional support for attracting foreign direct investment from responsible private-sector entities in trusted countries. Directs Commerce Secretary to coordinate federal efforts to promote FDI and report to Congress.

Who Benefits and How

U.S. economy benefits from responsible foreign investment. Job creation increases from FDI. Supply chain resilience improves through diversification away from China.

Who Bears the Burden and How

Commerce Department must coordinate interagency efforts. No significant new costs imposed.

Key Provisions

  • Promotes policies to attract responsible FDI
  • Emphasizes maintaining U.S. as premier investment destination
  • Supports cutting-edge technology development (AI, quantum, blockchain)
  • Reduces dependence on Chinese supply chains
Model: claude-opus-4
Generated: Jan 9, 2026 19:02

Evidence Chain:

This summary is derived from the structured analysis below. See "Detailed Analysis" for per-title beneficiaries/burden bearers with clause-level evidence links.

Primary Purpose

Promotes foreign direct investment from trusted countries

Policy Domains

Foreign Investment Economic Development Trade

Legislative Strategy

"Encourage beneficial FDI while reducing adversary dependencies"

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Foreign Investment Economic Development Trade
Actor Mappings
"secretary"
→ Secretary of Commerce

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology