Department of Commerce, Trade, and Technology Organization Act

Summary

Department of Commerce, Trade, and Technology Organization Act - Title I: Findings and Purposes - Enumerates the following functions of the Department of Commerce, Trade, and Technology: (1) the promotion of U.S. exports; (2) the analysis of information on commercial and technological trends; (3) the provision of trade opportunities for U.S. businesses; (4) the coordination of Government programs having impact on international trade and technological competition; (5) the administration of export controls; (6) the dissemination of information on imports; and (7) the assurance of adequate supplies of materials critical to national security or the nation's economy. Title II: Reorganization of International Trade Functions - Redesignates the Department of Commerce as the Department of Commerce, Trade, and Technology. Redesignates officials of the Department of Commerce accordingly. Provides for the appointment of a Deputy Secretary of Commerce, Trade, and Technology to act for the Secretary during the Secretary's absence. Directs the Secretary to: (1) oversee the collection and dissemination of information concerning technology and domestic and international trade; (2) conduct a joint study with specified Federal agencies regarding innovation, technology, and international trade and investment; and (3) consult and cooperate with State and local governments. Transfers to the Secretary specified functions of: (1) the Department of State; (2) the Department of the Treasury; (3) the Secretary of Labor; and (4) the Secretary of the Interior. Transfers to the Secretary all functions of the Office of the Special Representative for Trade Negotiations; and (2) the International Trade Commission. Transfers to and establishes within the Department: (1) the Export-Import Bank of the United States; and (2) the Overseas Private Investment Corporation. Title III: Miscellaneous Provisions - Sets forth administrative provisions concerning the appointment and transfer of personnel and the reorganization of the Department. Requires the Director of the Office of Management and Budget to do that which is necessary to carry out this Act. Requires the Secretary to report annually to the President for submission to Congress concerning the Department's activities. Authorizes appropriations as necessary to carry out the functions of this Act

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1 official file

• Introduced in Senate

  summary · EN · 12 July 1979

  Open at official source

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