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Boosting America’s Exports Act

10/28/2022, 1:45 AM

Congressional Summary of HR 5437

Boosting America's Exports Act

This bill establishes measures to promote exports by small- and medium-sized enterprises (SMEs).

Specifically, the bill requires the International Trade Administration (ITA) to assess the location of and services provided by U.S. Export Assistance Centers in relation to the location of SMEs that export U.S. products and services. The ITA shall then issue a report identifying (1) centers that serve a comparatively high number of SMEs, and (2) locations where a center should be established. Further, the ITA shall implement the changes recommended in such report and may establish up to 30 new centers based on the report.

In addition, the ITA shall take necessary steps, through actions by the U.S. and Foreign Commercial Service, to increase exports by SMEs.

Current Status of Bill HR 5437

Bill HR 5437 is currently in the status of Bill Introduced since December 16, 2019. Bill HR 5437 was introduced during Congress 116 and was introduced to the House on December 16, 2019.  Bill HR 5437's most recent activity was Referred to the House Committee on Foreign Affairs. as of December 16, 2019

Bipartisan Support of Bill HR 5437

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5437

Primary Policy Focus

Foreign Trade and International Finance

Potential Impact Areas

- Competitiveness, trade promotion, trade deficits
- Congressional oversight
- Government studies and investigations
- Small business

Alternate Title(s) of Bill HR 5437

Boosting America’s Exports Act
To provide for certain actions by the International Trade Administration in order to increase exports by small- and medium-sized enterprises, and for other purposes.
Boosting America’s Exports Act

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