Title 22 — Foreign Relations and Intercourse
Chapter 46A — Foreign Direct Investment and International Financial Data
§ 3141. Congressional findings
Statutory text
The Congress makes the following findings:
The United States Government collects substantial amounts of information from foreign owned or controlled business enterprises or affiliates operating in the United States.
Additional analysis and presentation of this information is desirable to assist the public debate on the issue of foreign direct investments in the United States.
Information collected from foreign owned or controlled firms by the Bureau of Economic Analysis has serious analytical limitations because it is largely collected on an “enterprise” basis that does not permit an adequate analysis by industry groupings.
Statistical and analytic comparisons of the performance of foreign owned or controlled businesses operating within the United States with other business enterprises operating within the same industry can be accomplished under sections 3101(b) and 3104(c) of this title, and under Executive Order Numbered 11961, without the need to collect additional information, by sharing with other authorized Government agencies the employer identification numbers maintained by the Bureau of Economic Analysis.
Public disclosures of confidential business information collected by the United States Government relating to international direct investment flows could cause serious damage to the accuracy of the statistical data base.
The Government Accountability Office may have limited access to Government data on foreign direct investment.
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.
Foreign Direct Investment and International Financial Data Improvements Act of 1990
Pub. L. 101–533 § 2 · 104 Stat. 2344
Enacted · 22 U.S.C. § 3141
Pub. L. 101–533, § 2, Nov. 7, 1990, 104 Stat. 2344
Source evidence
Code source credit
Pub. L. 101–533, § 2, Nov. 7, 1990, 104 Stat. 2344Enacted provision · exact public law section
SEC. 2. FINDINGS. The Congress makes the following findings: (1) The United States Government collects substantial amounts of information from foreign owned or controlled business enterprises or affiliates operating in the United States. (2) Additional analysis and presentation of this information is desirable to assist the public debate on the issue of foreign direct investments in the United States. (3) Information collected from foreign owned or controlled firms by the Bureau of Economic Analysis has serious analytical limitations because it is largely collected on an “enterprise” basis that does not permit an adequate analysis by industry groupings. (4) Statistical and analytic comparisons of the performance of foreign owned or controlled businesses operating within the United States with other business enterprises operating within the same industry can be accomplished under sections 2(b) and 5(c) of the International Investment and Trade in Services Survey Act, and under Executive Order Numbered 11961, without the need to collect additional information, by sharing with other authorized Government agencies the employer identification numbers maintained by the Bureau of Economic Analysis. (5) Public disclosures of confidential business information collected by the United States Government relating to international direct investment flows could cause serious damage to the accuracy of the statistical data base. (6) The General Accounting Office may have limited access to Government data on foreign direct investment.GAO Human Capital Reform Act of 2004
Pub. L. 108–271 § 8(b) · 118 Stat. 811
Substituted · 22 U.S.C. § 3141(6)
Pub. L. 108–271 substituted “Government Accountability Office” for “General Accounting Office”
Source evidence
Code amendment note
Par. (6). Pub. L. 108–271 substituted “Government Accountability Office” for “General Accounting Office”.Enacted provision · exact public law section
(b) References.— Any reference to the General Accounting Office in any law, rule, regulation, certificate, directive, instruction, or other official paper in force on the date of enactment of this Act shall be considered to refer and apply to the Government Accountability Office.
2 of 2 references resolved to an enrolled provision
Editorial Notes
References in Text
Executive Order Numbered 11961, referred to in par. (4), is set out as a note under section 3101 of this title.
Amendments
2004—Par. (6). Pub. L. 108–271 substituted “Government Accountability Office” for “General Accounting Office”.
Statutory Notes and Related Subsidiaries
Short Title
Pub. L. 101–533, § 1, , 104 Stat. 2344, provided that: “This Act [enacting this chapter and section 401 of Title 13, Census, and amending sections 3101 and 3103 to 3105 of this title and section 9 of Title 13] may be cited as the ‘Foreign Direct Investment and International Financial Data Improvements Act of 1990’.”
Credits
1990–2004 · 2 acts
Show as published
(Pub. L. 101–533, § 2, , 104 Stat. 2344; Pub. L. 108–271, § 8(b), , 118 Stat. 814.)