3.0.0 1103 2023-01-11T13:28:40Z 2023-01-11T13:28:40Z House HR 2015-02-26 114 [Congressional Record Volume 161, Number 33 (Thursday, February 26, 2015)][Pages H1370-H1371]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SMITH of New Jersey:H.R. 1103.Congress has the power to enact this legislation pursuantto the following:[[Page H1371]]Article 1, Section 8]]> hswm00 Ways and Means Committee House Standing hswm04 Trade Subcommittee Referred to 2015-03-27T21:23:31Z Referred to 2015-02-26T15:03:30Z hsfa00 Foreign Affairs Committee House Standing hsfa18 Terrorism, Nonproliferation, and Trade Subcommittee Referred to 2015-03-20T15:15:13Z hsfa16 Africa Subcommittee Referred to 2015-03-20T15:04:12Z Referred to 2015-02-26T15:03:25Z hsba00 Financial Services Committee House Standing Referred to 2015-02-26T15:03:40Z hssm00 Small Business Committee House Standing Referred to 2015-02-26T15:03:35Z 2015-03-27 hswm04 Trade Subcommittee 1 House committee actions Referred to the Subcommittee on Trade. Committee 2015-03-20 hsfa18 Terrorism, Nonproliferation, and Trade Subcommittee 1 House committee actions Referred to the Subcommittee on Terrorism, Nonproliferation, and Trade. Committee 2015-03-20 hsfa16 Africa Subcommittee 1 House committee actions Referred to the Subcommittee on Africa, Global Health, Global Human Rights and International Organizations. Committee 2015-02-26 Referred to the Committee on Foreign Affairs, and in addition to the Committees on Ways and Means, Small Business, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2015-02-26 Referred to the Committee on Foreign Affairs, and in addition to the Committees on Ways and Means, Small Business, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2015-02-26 Referred to the Committee on Foreign Affairs, and in addition to the Committees on Ways and Means, Small Business, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2015-02-26 Referred to the Committee on Foreign Affairs, and in addition to the Committees on Ways and Means, Small Business, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2015-02-26 Referred to the Committee on Foreign Affairs, and in addition to the Committees on Ways and Means, Small Business, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsfa00 Foreign Affairs Committee 2015-02-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-02-26 Introduced in House IntroReferral 1000 9 Library of Congress S000522 Rep. Smith, Christopher H. [R-NJ-4] CHRISTOPHER SMITH R NJ H. 4 N R000515 Rep. Rush, Bobby L. [D-IL-1] BOBBY RUSH D IL L. 1 2015-02-26 True B001270 Rep. Bass, Karen [D-CA-37] Karen Bass D CA 37 2015-03-19 False E000294 Rep. Emmer, Tom [R-MN-6] Tom Emmer R MN 6 2015-03-19 False C001068 Rep. Cohen, Steve [D-TN-9] Steve Cohen D TN 9 2015-03-19 False Foreign Trade and International Finance Africa Competitiveness, trade promotion, trade deficits Congressional oversight Customs enforcement Department of Commerce Diplomacy, foreign officials, Americans abroad Export-Import Bank of the United States Federal officials Foreign aid and international relief Free trade and trade barriers Government corporations and government-sponsored enterprises Government employee pay, benefits, personnel management Multilateral development programs Overseas Private Investment Corporation (OPIC) Small business Trade agreements and negotiations U.S. and foreign investments Unemployment Foreign Trade and International Finance 00 2015-02-26 Introduced in House 2015-03-09T19:33:33Z Increasing American Jobs Through Greater Exports to Africa Act of 2015

Directs the President to establish a comprehensive U.S. strategy for public and private investment, trade, and development in Africa (including the Republic of South Sudan) that focuses, among other things, on: (1) increasing exports of U.S. goods and services to Africa by 200% in real dollar value within 10 years, (2) promoting the alignment of U.S. commercial interests with development priorities in Africa, (3) improving the competitiveness of U.S. businesses in Africa, (4) encouraging a greater understanding among U.S. business and financial communities of the opportunities Africa holds for U.S. exports, and (5) fostering partnership opportunities between U.S. and African small- and medium-sized enterprises.

Requires the President to designate a Special Africa Export Strategy Coordinator.

Expresses the sense of Congress that the Secretary of Commerce and other high-level U.S. officials with responsibility for export promotion, financing, and development should conduct a joint trade mission to Africa.

Directs the Secretary to ensure that at least 10 total U.S. and Foreign Commercial Service officers are assigned to U.S. embassies in Africa for each of the first 5 fiscal years after enactment of this Act.

Requires the Secretary to assign at least one full-time officer to the office of the U.S. Executive Director at the World Bank and the African Development Bank to: (1) increase access of U.S. businesses to procurement contracts with the bank; and (2) facilitate access of such businesses to risk insurance, equity investments, consulting services, and lending provided by the bank.

Prescribes increases in the number of: (1) Export-Import Bank of the United States employees dedicated to expanding business development for Africa and assigned to bank field offices in Africa and the United States, and (2) Overseas Private Investment Corporation (OPIC) staff needed to promote stable and sustainable economic growth and development in Africa as well as to help U.S. businesses to expand into African markets.

Directs the President to develop a plan for standardized training of all U.S. and Foreign Commercial Service officers, Department of State economic officers, and U.S Agency for International Development economic officers with respect to Bank, OPIC, Small Business Administration , and U.S. Trade and Development Agency programs and procedures.

Expresses the sense of Congress that foreign export credit agencies are providing non-Organization of Economic Co-operation and Development (OECD) arrangement compliant financing in Africa that is trade distorting and threatens U.S. jobs.

Amends the Export-Import Bank Act of 1945 to direct the Bank to increase the amount of loans, guarantees, and insurance for projects in Africa. Requires the Bank to report annually to Congress if it has not used at least 10% of such loans, guarantees, and insurance for projects in Africa.

Directs the Bank to make Bank capitalization available annually for loans that counter trade distorting non-OECD arrangement compliant financing or preferential, tied aid, or other related non-market loans offered by other nations for which U.S. companies are also competing or interested in competing.

Amends the Small Business Act to require the Associate Administrator of Small Business for International Trade to work closely with the Trade Promotion Coordinating Committee , among others, in maintaining a trade distribution network.

Directs the President to explore opportunities to negotiate bilateral, subregional, and regional agreements to encourage trade and eliminate nontariff barriers to trade between countries (including Africa), such as negotiating investor friendly double-taxation treaties and investment promotion agreements.

]]> Increasing American Jobs Through Greater Exports to Africa Act of 2015 Display Title Increasing American Jobs Through Greater Exports to Africa Act of 2015 Official Title as Introduced To create jobs in the United States by increasing United States exports to Africa by at least 200 percent in real dollar value within 10 years, and for other purposes. Introduced in House IH Short Titles as Introduced Increasing American Jobs Through Greater Exports to Africa Act of 2015 Introduced in House 2015-02-26T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr1103ih/xml/BILLS-114hr1103ih.xml 2015-03-27 Referred to the Subcommittee on Trade. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.