S3878-118

Introduced

To establish a regional trade, investment, and people-to-people partnership of countries in the Western Hemisphere to stimulate growth and integration through viable long-term private sector development, and for other purposes.

118th Congress Introduced Mar 6, 2024

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 establish a regional trade, investment, and people-to-people partnership of countries in the Western Hemisphere to stimulate growth and integration through viable long-term private sector development, and for other purposes., changes federal law or congressional policy affecting importers, exporters, and commercial firms. The main policy domain is Trade, Foreign Policy, Finance.

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; table of contents This Act may be cited as the Americas Act. The table of contents for this Act is as follows:
  • Section id043CEDA8C194427C843BBE2FFE3C7DEC: 2. Definitions In this Act: The term Americas partner country means a county that has entered into a partnership agreement under section 201. The term Americas...
  • Section ida73186104ed54b589c5a3e1ea0e219e8: 101. Americas Institute for Digital Governance There is established a nonprofit organization within the United States to be known as the Americas Institute for...
  • Section id5deff3dde8544bdeb20d021b41c6f36c: 102. E-governance framework The Institute shall develop and maintain a comprehensive e-governance framework for Americas partner countries. The purpose of the...
  • Section id45ee2af65ddd4fb492383832f2fb286b: 103. Additional duties of Institute The Institute shall seek to promote collaboration between Americas partner countries on the development, standardization,...

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 establish a regional trade, investment, and people-to-people partnership of countries in the Western Hemisphere to stimulate growth and integration through viable long-term private sector development, and for other purposes., changes federal law or congressional policy affecting importers, exporters, and commercial firms.

Key Policy Areas

Trade, Foreign Policy, Finance

Primary Purpose

This bill, To establish a regional trade, investment, and people-to-people partnership of countries in the Western Hemisphere to stimulate growth and integration through viable long-term private sector development, and for other purposes., changes federal law or congressional policy affecting importers, exporters, and commercial firms.

Policy Domains

Trade Foreign Policy Finance

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
Mar 6, 2024

Mr. Cassidy (for himself and Mr. Bennet) 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 Foreign Policy Finance
Actor Mappings
"the_commission"
→ The commission identified in the operative section
"secretary_of_labor"
→ Secretary of Labor
"administrator_of_epa"
→ Administrator of the Environmental Protection Agency
"secretary_of_defense"
→ Secretary of Defense
"secretary_of_commerce"
→ Secretary of Commerce
"secretary_of_treasury"
→ Secretary of the Treasury

Key Definitions

Terms defined in this bill

3 terms
"United States business" §id043CEDA8C194427C843BBE2FFE3C7DEC

an entity— organized under the laws of the United States or any jurisdiction within the United States

"foreign trade zone" §id3bba7d36672d457fa226a41f226e55f2

a zone activated pursuant to the Foreign Trade Zones Act on or before the date of the enactment of this Act. The term Foreign Trade Zones Act means the Act of June 18, 1934 (commonly known as the Foreign Trade Zones Act) (48 Stat. 998, chapter 590

"nonprofit organization" §ida73186104ed54b589c5a3e1ea0e219e8

an organization— described in section 501(c)(3) of the Internal Revenue Code of 1986

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