A bill to promote the international commerce of the United States, to establish a Federal Export Education Foundation, to provide for funding such foundation through a trust fund, and for other purposes.
Education for Exporting Act - Establishes the Federal Export Education Foundation.
Directs such Foundation to enter into agreements with institutions of higher education, educational agencies, and business organizations to provide assistance in: (1) increasing awareness of international commerce in the United States; or (2) enhancing the ability of U.S. industry to engage in international commerce. Specifies various programs to be conducted by such Foundation, including: (1) work internships abroad; (2) cooperative activities to provide low-cost translation services and market research studies; (3) development of guides to commercial laws; (4) development of language and area studies courses; and (5) information regarding career opportunities for individuals with language, area studies, and international business backgrounds.
Requires the accounts of such Foundation be audited annually and the results reported to the President and Congress.
Establishes an Export Education Trust Fund in the U.S. Treasury consisting of appropriated sums and sums received as reimbursement for services provided under the Foundation's educational programs.
Introduced in House
Introduced in House
Referred to House Committee on Education and Labor.
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