3.0.0 2747 2023-01-11T13:36:35Z 2023-01-11T13:36:35Z House HR 2017-05-25 115 [Congressional Record Volume 163, Number 91 (Thursday, May 25, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. YOHO:H.R. 2747.Congress has the power to enact this legislation pursuantto the following:Article 1, section 8 of the Constitution[Page H4610]]]> hsfa00 Foreign Affairs Committee House Standing Referred to 2017-05-25T13:10:10Z 2017-05-25 Referred to the House Committee on Foreign Affairs. IntroReferral H11100 2 House floor actions hsfa00 Foreign Affairs Committee 2017-05-25 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-05-25 Introduced in House IntroReferral 1000 9 Library of Congress Y000065 Rep. Yoho, Ted S. [R-FL-3] Ted Yoho R FL S. 3 N S000510 Rep. Smith, Adam [D-WA-9] ADAM SMITH D WA 9 2017-05-25 True K000378 Rep. Kinzinger, Adam [R-IL-16] Adam Kinzinger R IL 16 2017-05-25 True R000515 Rep. Rush, Bobby L. [D-IL-1] BOBBY RUSH D IL L. 1 2017-05-25 True R000583 Rep. Rooney, Thomas J. [R-FL-17] Thomas Rooney R FL J. 17 2017-05-25 True E000288 Rep. Ellison, Keith [D-MN-5] Keith Ellison D MN 5 2017-05-25 True P000598 Rep. Polis, Jared [D-CO-2] Jared Polis D CO 2 2017-05-25 True D000625 Rep. Donovan, Daniel M., Jr. [R-NY-11] Daniel Donovan R NY M. 11 2017-05-26 False W000813 Rep. Walorski, Jackie [R-IN-2] Jackie Walorski R IN 2 2017-06-07 False G000580 Rep. Garrett, Thomas A., Jr. [R-VA-5] Thomas Garrett R VA A. 5 2017-06-07 False M000312 Rep. McGovern, James P. [D-MA-2] JAMES MCGOVERN D MA P. 2 2017-06-07 False F000466 Rep. Fitzpatrick, Brian K. [R-PA-8] Brian Fitzpatrick R PA K. 8 2017-06-07 False M001157 Rep. McCaul, Michael T. [R-TX-10] Michael McCaul R TX T. 10 2017-06-12 False C001094 Rep. Cook, Paul [R-CA-8] Paul Cook R CA 8 2017-06-12 False P000588 Rep. Pearce, Stevan [R-NM-2] Stevan Pearce R NM 2 2017-06-12 False S001200 Rep. Soto, Darren [D-FL-9] Darren Soto D FL 9 2017-06-15 False M001199 Rep. Mast, Brian J. [R-FL-18] Brian Mast R FL J. 18 2017-06-15 False M001187 Rep. Meadows, Mark [R-NC-11] Mark Meadows R NC 11 2017-06-20 False R000607 Rep. Rooney, Francis [R-FL-19] Francis Rooney R FL 19 2017-06-28 False D000604 Rep. Dent, Charles W. [R-PA-15] Charles Dent R PA W. 15 2017-07-19 False B001281 Rep. Beatty, Joyce [D-OH-3] Joyce Beatty D OH 3 2017-07-24 False L000397 Rep. Lofgren, Zoe [D-CA-19] ZOE LOFGREN D CA 19 2017-09-05 False L000582 Rep. Lieu, Ted [D-CA-33] Ted Lieu D CA 33 2017-09-13 False W000806 Rep. Webster, Daniel [R-FL-11] Daniel Webster R FL 11 2017-10-06 False W000821 Rep. Westerman, Bruce [R-AR-4] Bruce Westerman R AR 4 2017-11-15 False R000586 Rep. Renacci, James B. [R-OH-16] James Renacci R OH B. 16 2017-11-30 False S000248 Rep. Serrano, Jose E. [D-NY-15] JOSE SERRANO D NY E. 15 2017-12-05 False M001181 Rep. Meehan, Patrick [R-PA-7] Patrick Meehan R PA 7 2017-12-12 False M001188 Rep. Meng, Grace [D-NY-6] Grace Meng D NY 6 2017-12-12 False L000569 Rep. Luetkemeyer, Blaine [R-MO-3] Blaine Luetkemeyer R MO 3 2018-02-13 False L000579 Rep. Lowenthal, Alan S. [D-CA-47] Alan Lowenthal D CA S. 47 2018-03-01 False K000188 Rep. Kind, Ron [D-WI-3] RON KIND D WI 3 2018-04-17 False International Affairs Business investment and capital Congressional oversight Economic development Foreign aid and international relief Government ethics and transparency, public corruption Human rights Rule of law and government transparency Sovereignty, recognition, national governance and status U.S. and foreign investments International Affairs 00 2017-05-25 Introduced in House 2017-09-28T18:50:49Z Economic Growth and Development Act

This bill requires the President to establish a primary interagency mechanism to coordinate U.S. development assistance programs carried out by federal agencies overseas with private sector investment activities.

The mechanism shall:

  • streamline the private-sector liaison, coordination, and investment promotion functions of such agencies;
  • facilitate the use of development and finance tools across such agencies to attract greater participation in development activities by the private sector; and
  • establish a single point of contact for U.S. private sector entities pursuing partnership opportunities with such agencies.

Federal agencies planning or providing U.S. development assistance overseas shall ensure that: (1) a rigorous analysis of the constraints to economic growth and investment within a recipient country guides any U.S. development strategy, and (2) U.S. development strategies are coordinated with private sector activities in such countries.

Each analysis shall identify and analyze: (1) the constraints posed by inadequacies in critical infrastructure, the education system, the rule of law, the tax and investment codes, or the customs or regulatory regimes in the recipient country; and (2) the particular economic sectors that are central to achieving economic growth in the recipient country.

The results of each analysis shall be: (1) incorporated into any relevant development strategy, and (2) used to guide the allocation of resources by federal agencies planning or providing U.S. development assistance overseas.

]]> Economic Growth and Development Act Display Title Economic Growth and Development Act Official Title as Introduced To catalyze market-based economic growth in developing countries, create opportunities for the private sector of the United States to effectively engage in foreign assistance programs, improve planning and coordination among relevant United States departments and agencies, and for other purposes. Introduced in House IH Short Titles as Introduced Economic Growth and Development Act Introduced in House 2017-05-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr2747ih/xml/BILLS-115hr2747ih.xml 2017-05-25 Referred to the House Committee on Foreign Affairs. 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.