[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4935 Introduced in House (IH)]

103d CONGRESS
  2d Session
                                H. R. 4935

 To provide that recipients of export promotion assistance should meet 
                         certain requirements.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            August 10, 1994

   Mr. Johnston of Florida introduced the following bill; which was 
 referred jointly to the Committees on Foreign Affairs and Energy and 
                                Commerce

_______________________________________________________________________

                                 A BILL


 
 To provide that recipients of export promotion assistance should meet 
                         certain requirements.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. REQUIREMENTS FOR RECIPIENTS OF EXPORT PROMOTION ASSISTANCE.

    The Secretary of Commerce should not provide assistance under any 
export promotion program to any person unless--
            (1) the person has--
                    (A) made investments in the United States in 
                research, development, and manufacturing; or
                    (B) employs people in the United States; and
            (2) either--
                    (A) the company is a United States-owned company; 
                or
                    (B) the company is incorporated in the United 
                States and has a parent company which is incorporated 
                in a country which the Secretary determines--
                            (i) affords to United States-owned 
                        companies opportunities, comparable to those 
                        afforded to any other company, to participate 
                        in joint ventures;
                            (ii) affords to United States-owned 
                        companies local investment and market access 
                        opportunities comparable to those afforded to 
                        any other company; and
                            (iii) affords adequate and effective 
                        protection for the intellectual property rights 
                        of United States-owned companies.

SEC. 2. DEFINITIONS.

    For purposes of this Act--
            (1) the term ``export promotion program'' has the meaning 
        given that term in section 201(d) of the Export Administration 
        Amendments Act of 1985 (15 U.S.C. 4051(d)); and
            (2) the Secretary shall define such other terms as may be 
        necessary to carry out this section.
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