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United States · Bill · HR

H.R. 2747 (115th)

Economic Growth and Development Act

referredUnited States· United States Congress· EN

Introduced

25 May 2017

Last action

25 May 2017 · Introduced

Status

Referred to the House Committee on Foreign Affairs.

Sponsors

Rep. Yoho, Ted S. [R-FL-3], Rep. Smith, Adam [D-WA-9], Rep. Kinzinger, Adam [R-IL-16], Rep. Rush, Bobby L. [D-IL-1], Rep. Rooney, Thomas J. [R-FL-17], Rep. Ellison, Keith [D-MN-5], Rep. Polis, Jared [D-CO-2], Rep. Donovan, Daniel M., Jr. [R-NY-11], Rep. Walorski, Jackie [R-IN-2], Thomas Garrett, Rep. McGovern, James P. [D-MA-2], Rep. Fitzpatrick, Brian K. [R-PA-1], Rep. McCaul, Michael T. [R-TX-10], Paul Cook, Rep. Pearce, Stevan [R-NM-2], Rep. Soto, Darren [D-FL-9], Rep. Mast, Brian J. [R-FL-21], Rep. Meadows, Mark [R-NC-11], Rep. Rooney, Francis [R-FL-19], Rep. Dent, Charles W. [R-PA-15], Rep. Beatty, Joyce [D-OH-3], Rep. Lofgren, Zoe [D-CA-18], Rep. Lieu, Ted [D-CA-36], Rep. Webster, Daniel [R-FL-11], Rep. Westerman, Bruce [R-AR-4], James Renacci, Rep. Serrano, Jose E. [D-NY-15], Rep. Meehan, Patrick [R-PA-7], Rep. Meng, Grace [D-NY-6], Rep. Luetkemeyer, Blaine [R-MO-3], Rep. Lowenthal, Alan S. [D-CA-47], Rep. Kind, Ron [D-WI-3]

Subjects

Rule of law, Transport, Taxation, Education

Source updated

11 August 2025

Rule of law · Transport · Taxation · Education

Official sourceDownload fileView documentsShare

Summary

Economic Growth and Development Act This bill requires the President to establish a primary interagency mechanism to coordinate U.S. development assistance programs carried out by federal agencies overseas with private sector investment activities. The mechanism shall: streamline the private-sector liaison, coordination, and investment promotion functions of such agencies; facilitate the use of development and finance tools across such agencies to attract greater participation in development activities by the private sector; and establish a single point of contact for U.S. private sector entities pursuing partnership opportunities with such agencies. Federal agencies planning or providing U.S. development assistance overseas shall ensure that: (1) a rigorous analysis of the constraints to economic growth and investment within a recipient country guides any U.S. development strategy, and (2) U.S. development strategies are coordinated with private sector activities in such countries. Each analysis shall identify and analyze: (1) the constraints posed by inadequacies in critical infrastructure, the education system, the rule of law, the tax and investment codes, or the customs or regulatory regimes in the recipient country; and (2) the particular economic sectors that are central to achieving economic growth in the recipient country. The results of each analysis shall be: (1) incorporated into any relevant development strategy, and (2) used to guide the allocation of resources by federal agencies planning or providing U.S. development assistance overseas.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 25 May 2017

    Introduced

    Referred to the House Committee on Foreign Affairs.

    Source: IntroReferral

  2. 25 May 2017

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 25 May 2017

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 25 May 2017

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  • Introduced in House (PDF)

    Introduced in House · EN · 25 May 2017

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  • Introduced in House

    summary · EN · 25 May 2017

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Sponsors

Related records

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Sources

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