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Title 15 — Commerce and Trade

Chapter 74 — Competitiveness Policy Council

§ 4807. Annual report

Statutory text

(a)

Submission of report

The Council shall annually on March 1 submit to the President, the Senate Governmental Affairs Committee, and the appropriate Committees of the House of Representatives and the Senate a report setting forth—

(1)

the goals to achieve a more competitive United States economy;

(2)

the policies needed to meet such goals;

(3)

a summary of existing policies of the Federal Government or State and local governments significantly affecting the competitiveness of the United States economy; and

(4)

a summary of significant economic and technological developments, in the United States and abroad, affecting the competitive position of United States industries.

(b)

Contents of report

The report submitted under subsection (a) shall—

(1)

identify and describe actual or foreseeable developments, in the United States and abroad, which—

(A)

create a significant likelihood of a competitive challenge to, or of substantial dislocation in, an established United States industry;

(B)

present significant opportunities for United States industries to compete in new geographical markets or product markets, or to expand the position of such industries in established markets; or

(C)

create a significant risk that United States industries shall be unable to compete successfully in significant markets;

(2)

specify the industry sectors affected by the developments described in the report under paragraph (1); and

(3)

contain a statement of the findings and recommendations of the Council during the previous fiscal year, including any recommendations of the Council for (a) such legislative or administrative actions as the Council considers appropriate, and (b) including the elimination, consolidation, reorganization of government agencies especially such agencies that specifically deal with research, science, technology, and international trade.

(c)

Report by Congressional committees

The Council shall consult with each committee to which a report is submitted under this section and after such consultation, each such committee shall submit to its respective House a report setting forth the views and recommendations of such committee with respect to the report of the Council.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. Competitiveness Policy Council Act

    Pub. L. 100–418 title V § 5208 · 102 Stat. 1107

    Enacted · 15 U.S.C. § 4807

    Pub. L. 100–418, title V, § 5208, Aug. 23, 1988, 102 Stat. 1461

    Source evidence

    Code source credit
    Pub. L. 100–418, title V, § 5208, Aug. 23, 1988, 102 Stat. 1461

    Enacted provision · exact public law section
    SEC. 5208. ANNUAL REPORT. (a) Submission of Report.— The Council shall annually prepare and submit to the President, the Senate Governmental Affairs Committee, and the appropriate Committees of the House of Representatives and the Senate a report setting forth— (1) the goals to achieve a more competitive United States economy; (2) the policies needed to meet such goals; (3) a summary of existing policies of the Federal Government or State and local governments significantly affecting the competitiveness of the United States economy; and (4) a summary of significant economic and technological developments, in the United States and abroad, affecting the competitive position of United States industries. (b) Contents of Report.— The report submitted under subsection (a) shall— (1) identify and describe actual or foreseeable developments, in the United States and abroad, which— (A) create a significant likelihood of a competitive challenge to, or of substantial dislocation in, an established United States industry; (B) present significant opportunities for United States industries to compete in new geographical markets or product markets, or to expand the position of such industries in established markets; or (C) create a significant risk that United States industries shall be unable to compete successfully in significant markets; (2) specify the industry sectors affected by the developments described in the report under paragraph (1); and (3) contain a statement of the findings and recommendations of the Council during the previous fiscal year, including any recommendations of the Council for (a) such legislative or administrative actions as the Council considers appropriate, and (b) including the elimination, consolidation, reorganization of government agencies especially such agencies that specifically deal with research, science, technology, and international trade. (c) Report by Congressional Committees.— The Council shall consult with each committee to which a report is submitted under this section and after such consultation, each such committee shall submit to its respective House a report setting forth the views and recommendations of such committee with respect to the report of the Council.

  2. Customs and Trade Act of 1990

    Pub. L. 101–382 title I § 133(d) · 104 Stat. 629

    Substituted · 15 U.S.C. § 4807(a)

    Pub. L. 101–382 substituted “on March 1” for “prepare and”

    Source evidence

    Code amendment note
    Subsec. (a). Pub. L. 101–382 substituted “on March 1” for “prepare and”.

    Enacted provision · exact public law section
    (d) Annual Report.— Section 5208(a) of the Omnibus Trade and Competitiveness Act of 1988 (15 U.S.C. 4807(a)) is amended by striking out “prepare and” and inserting in lieu thereof “on March 1”.

2 of 2 references resolved to an enrolled provision

Editorial Notes

Amendments

1990—Subsec. (a). Pub. L. 101–382 substituted “on March 1” for “prepare and”.

Statutory Notes and Related Subsidiaries

Change of Name

Committee on Governmental Affairs of Senate changed to Committee on Homeland Security and Governmental Affairs of Senate, effective , by Senate Resolution No. 445, One Hundred Eighth Congress, .

Credits

1988–1990 · 2 acts
  1. 1988Pub. L. 100–418, title V, § 5208, , 102 Stat. 1461
  2. 1990Pub. L. 101–382, title I, § 133(d), , 104 Stat. 649.
Show as published

(Pub. L. 100–418, title V, § 5208, , 102 Stat. 1461; Pub. L. 101–382, title I, § 133(d), , 104 Stat. 649.)

Parsed from the official OLRC USLM XML in data/usc_all/usc15.xml · release point 119-108 · OLRC build 2026-09-09

USLM identifier /us/usc/t15/s4807