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.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill requires the Department of Commerce to review and report on how the United States can better attract foreign direct investment from allies and trusted countries, while also assessing and mitigating threats from investments linked to the Chinese Communist Party. The review examines manufacturing, technology, trade barriers, and investment screening practices.
Who Benefits and How
US manufacturers and technology companies benefit from policies designed to attract responsible foreign investment and reduce trade barriers. The advanced technology sector benefits from addressing digital trade barriers, data localization rules, and intellectual property protections. US workers may benefit from increased investment and job creation.
Who Bears the Burden and How
The Department of Commerce and the Federal Interagency Investment Working Group must conduct the comprehensive review and prepare multiple reports. Chinese state-owned or state-backed enterprises face increased scrutiny and potential restrictions on US market access.
Key Provisions
- Requires interagency review of foreign direct investment competitiveness and barriers
- Mandates study of Chinese Communist Party investment threats and circumvention efforts
- Requires recommendations for increasing investment from trusted countries while maintaining security protections
- Establishes public comment periods and Congressional/GAO reporting requirements
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
Directs the Secretary of Commerce to conduct an interagency review and report to Congress on ways to increase US global competitiveness in attracting foreign direct investment from trusted countries while addressing security threats from Chinese Communist Party-linked entities
Key Policy Areas
Foreign Investment, Commerce, National Security, Technology
Primary Purpose
Directs the Secretary of Commerce to conduct an interagency review and report to Congress on ways to increase US global competitiveness in attracting foreign direct investment from trusted countries while addressing security threats from Chinese Communist Party-linked entities
Policy Domains
Main Body
Identified Gains
- US manufacturing sector
- US technology companies
- US workers
- Allied/trusted country investors
Identified Costs
- Department of Commerce
- Chinese state-owned enterprises
- Chinese Communist Party-linked investors
Sponsors
Legislative Progress
Passed HouseAdditional sponsors: Mr. Allen, Ms. Strickland, Ms. Eshoo, Ms. Blunt …
Reported with an amendment, committed to the Committee of the …
Mr. Pence introduced the following bill; which was referred to …
Passed House (inferred from eh version)
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Department of Commerce, Government Accountability Office
US advanced technology sector, US technology companies
Chinese Communist Party-linked investors, Chinese state-owned enterprises
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → Secretary of Commerce
- "working_group"
- → Federal Interagency Investment Working Group
Key Definitions
Terms defined in this bill
A country or economy not determined by the Secretary to be a foreign adversary of the United States
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