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Americas Act

4/4/2024, 2:10 PM

Summary of Bill S 3878

Bill 118 s 3878, also known as the Americas Act, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to strengthen diplomatic and economic ties between the United States and countries in the Americas, including Canada, Mexico, and countries in Central and South America.

The Americas Act includes provisions for increased trade and investment opportunities, as well as enhanced cooperation on issues such as security, human rights, and environmental protection. The bill also aims to promote democracy and good governance in the region, and to address common challenges such as drug trafficking and illegal immigration.

If passed, the Americas Act would authorize funding for various programs and initiatives to support these goals, including increased foreign aid and technical assistance to countries in the region. The bill also calls for the establishment of a new office within the State Department to oversee US policy towards the Americas and to coordinate efforts with other government agencies. Overall, the Americas Act seeks to strengthen the United States' relationships with its neighbors in the Western Hemisphere and to promote stability and prosperity in the region. Supporters of the bill argue that closer ties with countries in the Americas are in the best interests of the United States, both economically and strategically. Opponents may raise concerns about the cost of implementing the bill and the potential impact on domestic industries. As the Americas Act makes its way through the legislative process, it will be important for lawmakers to carefully consider the potential benefits and drawbacks of the bill, and to work together to ensure that it effectively advances US interests in the region.

Current Status of Bill S 3878

Bill S 3878 is currently in the status of Bill Introduced since March 6, 2024. Bill S 3878 was introduced during Congress 118 and was introduced to the Senate on March 6, 2024.  Bill S 3878's most recent activity was Read twice and referred to the Committee on Finance. as of March 6, 2024

Bipartisan Support of Bill S 3878

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
2
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3878

Primary Policy Focus

Foreign Trade and International Finance

Alternate Title(s) of Bill S 3878

Americas Act
Americas Act
A bill to establish a regional trade, investment, and people-to-people partnership of countries in the Western Hemisphere to stimulate growth and integration through viable long-term private sector development, and for other purposes.
A bill to establish a regional trade, investment, and people-to-people partnership of countries in the Western Hemisphere to stimulate growth and integration through viable long-term private sector development, and for other purposes.

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