United States Trade Information Act

Summary

United States Trade Information Act - Establishes the Council on Trade Information which shall: (1) formulate and implement a comprehensive economic and trade information policy to assure the timely collection of accurate data on trade and economic trends; (2) design a U.S. Trade Data Bank and direct the Secretary of Commerce to establish a U.S. Trade Data Bank; (3) develop and enforce guidelines for the collection of data within Federal agencies; (4) publish periodic reports on the competitive position of U.S. industries and other reports as necessary; (5) formulate policies to encourage international organizations and foreign countries to adopt systems to report foreign trade statistics; and (6) present legislative recommendations to the Congress relating to U.S. trade information. Requires Federal agencies to furnish information to the Council upon request. Requires the Council to consult regularly with private sector representatives and Federal, State, and local government officials. Requires the Secretary of Commerce to establish and manage the U.S. Trade Data Bank. Sets forth information to be included in the data bank. Requires the Chairman of the Council to report to the Congress once every two years on, among other things, the quality of available trade data and actions taken pursuant to this Act. Authorizes appropriations.

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

Timeline

1. 6 January 1987

   Introduced

   Read twice and referred to the Committee on Governmental Affairs.

   Source: IntroReferral

2. 6 January 1987

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 6 January 1987

  Open at official source

Sponsors

• Sen. Riegle, Donald W., Jr. [D-MI] · D · Sponsor
• · ssga00 · Standing

Related records

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