S2368-118

Introduced

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 Jul 19, 2023

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, 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., changes federal law or congressional policy affecting importers, exporters, and commercial firms. The main policy domain is Trade, Technology, Government Operations.

Who Benefits and How

importers, exporters, and commercial firms may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, importers, exporters, and commercial firms may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section S1: 1. Short title This Act may be cited as the Global Investment in American Jobs Act of 2023.
  • Section H84D0A007500D4C99974EFB6DCCCEF6EB: 2. Sense of Congress It is the sense of Congress that— the ability of the United States to attract foreign direct investment from responsible private-sector...
  • Section H2E1264740C994C298385F2EB98C12FEE: 3. Definitions In this Act: The term agency has the meaning given such term in section 551 of title 5, United States Code. The term foreign adversary has the...
  • Section H8F9E7FE5DBA841A289603DF23AC8791B: 4. Foreign direct investment review The Secretary, in consultation with the Federal Interagency Investment Working Group established pursuant to Executive...

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

This bill, 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., changes federal law or congressional policy affecting importers, exporters, and commercial firms.

Key Policy Areas

Trade, Technology, Government Operations

Primary Purpose

This bill, 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., changes federal law or congressional policy affecting importers, exporters, and commercial firms.

Policy Domains

Trade Technology Government Operations

Whole bill

Identified Gains
  • importers, exporters, and commercial firms
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
importers, exporters, and commercial firms:
Identified Costs
  • federal implementing agencies
  • importers, exporters, and commercial firms
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies:
importers, exporters, and commercial firms:

Legislative Progress

Introduced
Introduced Committee Passed
Jul 19, 2023

Mr. Young (for himself and Mr. Peters) introduced the following …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Trade Technology Government Operations
Actor Mappings
"secretary_of_commerce"
→ Secretary of Commerce

Key Definitions

Terms defined in this bill

1 term
"Secretary" §H2E1264740C994C298385F2EB98C12FEE

the Secretary of Commerce. The term State means— each State 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