Invest USA Act of 2007
Latest action · Mar 1, 2007 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2510-2512)
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 1, 2007
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Invest USA Act of 2007 - Establishes in the Department of Commerce a United States Direct Investment Administration, headed by an Under Secretary of Commerce for United States Direct Investment.
Requires the Under Secretary to collect, analyze, and report annually to the President and the appropriate congressional committees: (1) on specified data about direct investment in each state and region; and (2) an agenda based on such data and analysis.
Requires the President to establish, and the Under Secretary to assume lead responsibility for, an Interagency United States Direct Investment Promotion Committee.
Amends the Internal Revenue Code (relating to designation of renewal communities) to authorize the Under Secretary to designate an additional 10 nominated areas as renewal communities.
Cosponsors 1
Members who signed on, in the order they did. All signed on Mar 1, 2007.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-IN | Richard G. Lugar | Original | Mar 1, 2007 |
Actions 3
Everything that happened, newest first.
- Mar 1, 2007Introduced in Senate
- Mar 1, 2007Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2510-2512)
- Mar 1, 2007Sponsor introductory remarks on measure. (CR S2510)
Subjects
Assigned by the Library of Congress. Policy area: Foreign Trade and International Finance.
- Advice and consent of the Senate
- Capital gains tax
- Congress
- Congressional oversight
- Congressional reporting requirements
- Congressional-executive relations
- Data banks
- Department of Commerce
- Depreciation and amortization
- Depressed areas
- Economic development
- Economic growth
- Economic statistics
- Economics and Public Finance
- Employee benefit plans
- Employee health benefits
- Executive reorganization
- Exports
- Foreign investments
- Foreign Trade and International Finance
- Government Operations and Politics
- Government paperwork
- Government publications
- Health
- High technology
- Imports
- Income tax
- International competitiveness
- Labor and Employment
- Presidential appointments
- Regional economic development
- Science, Technology, Communications
- Skilled labor
- Strategic planning
- Tax credits
- Tax deductions
- Taxation
Text 1
Each version as it was printed, newest first.
- Mar 1, 2007Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.