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Boosting Foreign Investment in US: New Jobs and Technologies

This act aims to make the United States more attractive to foreign investors, potentially leading to new job creation and the development of advanced technologies. The government will review how to remove investment barriers and enhance the country's competitiveness, while also safeguarding national security and citizens' living standards.
Key points
The U.S. government will conduct a review to find ways to attract more foreign investment, which could mean more jobs in various sectors, including manufacturing and services.
The act aims to support the development of cutting-edge technologies like artificial intelligence and self-driving vehicles, potentially boosting economic innovation and competitiveness.
The review will consider the economic impact of foreign direct investment, including on digital trade and research, and examine how other countries attract capital.
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Additional Information
Print number: 117_HR_2907
Sponsor: Rep. Pence, Greg [R-IN-6]
Process start date: 2021-04-30
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Global Investment in American Jobs Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_2907.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-04-30.

What are the main provisions?

Key points include:

  • The U.S. government will conduct a review to find ways to attract more foreign investment, which could mean more jobs in various sectors, including manufacturing and services.
  • The act aims to support the development of cutting-edge technologies like artificial intelligence and self-driving vehicles, potentially boosting economic innovation and competitiveness.
  • The review will consider the economic impact of foreign direct investment, including on digital trade and research, and examine how other countries attract capital.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Pence, Greg [R-IN-6].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Consumer Protection and Commerce.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

CATEGORIES

Economy Public Investments