H.R. 813 explained · 118th Congress · Not enacted (118th Congress ended)
Global Investment in American Jobs Act of 2023
Cosponsors: 5 (3 D, 2 R) · per Congress.gov, 2026-10-12
Introduced: 2023-02-02
Latest action (2023-07-18): Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.
What H.R. 813 does, in plain terms
Global Investment in American Jobs Act of 2023 This bill requires the Department of Commerce to conduct an interagency review of the global competitiveness of the United States in attracting foreign direct investment from responsible private-sector entities based in trusted countries and addressing foreign trade barriers that firms in advanced technology sectors face in the global digital economy. Among other elements, the review shall include an assessment of (1) the economic impact of foreign direct investment in the United States, (2) trends in global cross-border investment and data flows, (3) federal government policies that facilitate foreign direct investment, and (4) the adequacy of federal government efforts to encourage and facilitate foreign direct investment in the United States. Commerce must report the findings of such review to Congress and the Government Accountability Office (GAO) and include recommendations for increasing the global competitiveness of the United States in attracting foreign direct investment. The GAO must submit a review and assessment of the report to Congress.
Official summary by the Congressional Research Service, via Congress.gov.
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