SelectUSA Authorization Act of 2016

Bill 114 s 3097, also known as the SelectUSA Authorization Act of 2016, is a piece of legislation that aims to promote and facilitate foreign direct investment in the United States. The bill was introduced in the Senate on June 23, 2016, by Senator Chris Coons of Delaware.

The SelectUSA program, which was established in 2011, is a government initiative that helps connect foreign investors with economic development organizations across the country. The program aims to attract investment to the United States, create jobs, and stimulate economic growth.

The SelectUSA Authorization Act of 2016 seeks to strengthen and expand the SelectUSA program by authorizing funding for its activities. The bill also aims to enhance coordination between federal, state, and local governments to promote investment in the United States. Additionally, the bill includes provisions to improve data collection and analysis related to foreign direct investment, as well as measures to streamline the investment process and reduce regulatory barriers for foreign investors. Overall, the SelectUSA Authorization Act of 2016 is intended to support and promote foreign direct investment in the United States, with the goal of boosting economic growth and creating jobs.