Sec. 2. Establishment of SelectUSA
363 words·~2 min read·
/bill/114/s/3097/is/section-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
There is established in the Department of Commerce the SelectUSA program (in this Act referred to as SelectUSA ), a Government-wide program to attract and retain investment in the United States economy. The Secretary of Commerce shall designate a senior staff member of the Department of Commerce to be the Executive Director of SelectUSA, who shall coordinate activities relating to business investment decisions within the Department of Commerce and with other Federal agencies with responsibility for such activities.
SelectUSA shall— facilitate business investment in the United States in order to create jobs, spur economic growth, and promote United States competitiveness; provide enhanced coordination of Federal activities in order to increase the impact of Federal resources that support domestic and foreign investment in the United States; in providing assistance, work to maximize impact on business investment, job creation, and economic growth; and work on behalf of the entire United States and exercise strict neutrality, except as specified in subsection (e), with regard to specific locations within the United States.
SelectUSA shall— coordinate outreach and engagement by the Federal Government to promote the United States as the premier location to operate a business; endeavor to coordinate and avoid duplication with other Federal agencies; serve as an ombudsman that facilitates the resolution of issues involving Federal programs or activities related to pending investments; provide information to domestic and foreign firms on— the investment climate in the United States; Federal programs and incentives available to investors; and State and local economic development organizations; and report periodically to the President, through the National Economic Council, the Domestic Policy Council, and the National Security Staff, on outreach activities of SelectUSA, requests for information received by SelectUSA, and efforts of SelectUSA to resolve issues.
SelectUSA shall endeavor— to increase foreign direct investment opportunities for rural areas and smaller States; and to make its services increasingly available to rural areas and smaller States, including through— teleconferencing; geographic positioning of conferences and events of SelectUSA, when practicable; and increased attention by staff of SelectUSA. All Federal agencies with responsibility for activities relating to business investment decisions shall cooperate with SelectUSA, as requested by the Executive Director, to support the objectives of SelectUSA.