US HB4041 | 2011-2012 | 112th Congress

Status

Spectrum: Bipartisan Bill
Status: Engrossed on June 4 2012 - 50% progression, died in committee
Action: 2012-06-04 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Export Promotion Reform Act - Amends the Export Enhancement Act of 1988 to revise the duties of the Trade Promotion Coordinating Committee (TPCC). Requires the TPCC to review the proposed annual budget of each federal agency, before it is submitted to the Office of Management and Budget (OMB) and the President, when (as required by current law) assessing the appropriate levels and allocation of resources among such agencies in support of export promotion and export financing. Requires the governmentwide strategic plan for federal trade promotion efforts, in conducting the review of current federal programs designed to promote the sale of U.S. exports and developing a plan to bring such activities into line with specified priorities, to take into account recommendations from a representative number of U.S. exporters, particularly small business and medium-sized businesses, and representatives of U.S. workers. Directs the President to issue an executive order and necessary regulations to provide the TPCC chairperson with the authority to ensure that the TPCC carries out each of its duties and develops and implements the strategic plan. Requires the Secretary of Commerce to: (1) conduct at least once every five years a global assessment of overseas markets to determine those with the greatest potential for increasing U.S. exports, and (2) deploy U.S. and Foreign Commercial Service personnel and other resources on the basis of that assessment. Amends the Foreign Service Act of 1980 to require each chief of mission to a foreign country to develop an approved plan for effective diplomacy to remove or reduce obstacles to exports of U.S. goods and services. Requires the Inspector General of the Department of State and the Foreign Service to evaluate the commercial effectiveness of diplomacy to promote exports of U.S. goods and services.

Tracking Information

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Title

Export Promotion Reform Act

Sponsors


History

DateChamberAction
2012-06-04SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2012-05-30HouseMotion to reconsider laid on the table Agreed to without objection.
2012-05-30HouseOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3252-3253)
2012-05-30HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 4041.
2012-05-30HouseConsidered under suspension of the rules. (consideration: CR H3252-3256)
2012-05-30HouseMr. Manzullo moved to suspend the rules and pass the bill, as amended.
2012-03-07HouseOrdered to be Reported by Unanimous Consent.
2012-03-07HouseCommittee Consideration and Mark-up Session Held.
2012-02-15HouseReferred to the House Committee on Foreign Affairs.

Same As/Similar To

HB2987 (Related) 2011-10-25 - Referred to the Subcommittee on Terrorism, Nonproliferation, and Trade.
SB2171 (Related) 2012-03-07 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
SB3347 (Related) 2012-06-27 - Read twice and referred to the Committee on Finance.
SB3479 (Related) 2012-08-01 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Subjects


US Congress State Sources


Bill Comments

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