3.0.0 1274 2023-01-11T13:36:22Z 2023-01-11T13:36:22Z Senate S 2017-05-25 115 ssfr00 Foreign Relations Committee Senate Standing Referred to 2017-05-25T20:13:13Z 2017-05-25 ssfr00 Foreign Relations Committee Senate Read twice and referred to the Committee on Foreign Relations. IntroReferral 2017-05-25 Introduced in Senate IntroReferral 10000 9 Library of Congress I000055 Sen. Isakson, Johnny [R-GA] Johnny Isakson R GA N C001088 Sen. Coons, Christopher A. [D-DE] Christopher Coons D DE A. 2017-05-25 True P000612 Sen. Perdue, David [R-GA] David Perdue R GA Alfred 2017-05-25 True B001236 Sen. Boozman, John [R-AR] John Boozman R AR 2017-07-11 False B001230 Sen. Baldwin, Tammy [D-WI] Tammy Baldwin D WI 2017-10-03 False International Affairs Competitiveness, trade promotion, trade deficits Economic development Foreign aid and international relief Public-private cooperation Rule of law and government transparency U.S. and foreign investments International Affairs 00 2017-05-25 Introduced in Senate 2017-06-17T14:28:35Z Economic Growth and Development Act

This bill requires the President to: (1) establish a primary, interagency mechanism to assist the private sector in coordinating U.S. development programs with private sector investment activities; and (2) submit, annually, a strategy for the facilitation and coordination of private sector investments and activities for the purposes of development.

Such mechanism shall: (1) streamline and integrate private sector liaison, coordination, and investment promotion functions of U.S. development agencies; (2) facilitate the use of development and finance tools across such agencies to attract greater private sector participation in development activities; and (3) establish a single point of contact for the private sector for partnership opportunities with such agencies.

The Department of State and the U.S. Agency for International Development (USAID) shall direct their policy teams to include private sector facilitation and coordination in all country, sector, and global development strategies.

The State Department, USAID, and other relevant federal agencies shall ensure that analyses of rigorous, current constraints on growth and investment guide all such strategies.

]]> Economic Growth and Development Act Display Title Economic Growth and Development Act Official Title as Introduced A bill to direct the President to establish an interagency mechanism to coordinate United States development programs and private sector investment activities, and for other purposes. Introduced in Senate IS Short Titles as Introduced Economic Growth and Development Act Introduced in Senate 2017-05-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s1274is/xml/BILLS-115s1274is.xml 2017-05-25 Read twice and referred to the Committee on Foreign Relations. 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.