< Back to H.R. 4935 (103rd Congress, 1993–1994)

Text of To provide that recipients of export promotion assistance should meet certain requirements.

This bill was introduced on August 10, 1994, in a previous session of Congress, but was not enacted. The text of the bill below is as of Aug 10, 1994 (Introduced).

Source: GPO

HR 4935 IH

103d CONGRESS

2d Session

H. R. 4935

To provide that recipients of export promotion assistance should meet certain requirements.

IN THE HOUSE OF REPRESENTATIVES

August 10, 1994

Mr. JOHNSTON of Florida introduced the following bill; which was referred jointly to the Committees on Foreign Affairs and Energy and Commerce


A BILL

To provide that recipients of export promotion assistance should meet certain requirements.

    Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. REQUIREMENTS FOR RECIPIENTS OF EXPORT PROMOTION ASSISTANCE.

    The Secretary of Commerce should not provide assistance under any export promotion program to any person unless--

      (1) the person has--

        (A) made investments in the United States in research, development, and manufacturing; or

        (B) employs people in the United States; and

      (2) either--

        (A) the company is a United States-owned company; or

        (B) the company is incorporated in the United States and has a parent company which is incorporated in a country which the Secretary determines--

          (i) affords to United States-owned companies opportunities, comparable to those afforded to any other company, to participate in joint ventures;

          (ii) affords to United States-owned companies local investment and market access opportunities comparable to those afforded to any other company; and

          (iii) affords adequate and effective protection for the intellectual property rights of United States-owned companies.

SEC. 2. DEFINITIONS.

    For purposes of this Act--

      (1) the term ‘export promotion program’ has the meaning given that term in section 201(d) of the Export Administration Amendments Act of 1985 (15 U.S.C. 4051(d)); and

      (2) the Secretary shall define such other terms as may be necessary to carry out this section.