A bill to establish as an executive department of the Government of the United States a Department of International Trade and Investment, and for other purposes.
International Trade and Investment Reorganization Act of 1981 - Establishes the Department of International Trade and Investment to be administered by a Secretary of International Trade and Investment appointed by the President. Directs the Secretary, among other things, to: (1) coordinate U.S. policies for promoting beneficial international trade relationships; (2) negotiate U.S. international trade agreements; (3) protect American industry, agriculture, and labor from unfair or injurious foreign competition; (4) develop trade monitoring systems; (5) develop and implement U.S. policies concerning foreign investments; and (6) administer the U.S. Customs Service and maintain the U.S. tariff schedules.
Transfers to the Secretary all functions of: (1) the U.S. Trade Representative; (2) the Secretary of Commerce relating to specified agencies, specified Acts, and international trade and investment; (3) the Secretary of the Treasury relating to international trade and investment, economic analysis of international trade and investment policies, and the U.S. Customs Service; and (4) the Secretary of State relating to international trade investment. Transfers to the Department the: (1) U.S. Customs Service; (2) Export-Import Bank of the United States; and (3) Overseas Private Investment Corporation.
Transfers to the Department of Housing and Urban Development the Economic Development Administration and the Office of Regional Development. Transfers the Maritime Administration to the Department of Transportation. Transfers the National Oceanic and Atmospheric Administration to the Department of the Interior. Transfers the functions of the Director of the Census to the Director of the Bureau of the Census.
Establishes an independent Bureau of the Census to be administered by a Director of the Census appointed by the President. Sets forth the Director's duties and functions.
Amends the Trade Expansion Act to establish a Trade Policy Committee chaired by the Secretary of International Trade and Investment to assist the President in carrying out the functions vested in the President relating to trade agreements and import relief (replaces an interagency trade organization). Establishes the Trade Negotiating Subcommittee to advise the Secretary on management of international trade and investment negotiations.
Sets forth administrative provisions applicable to the Department of International Trade and Investment.
Directs the Secretary to submit a report annually to the President for submission to the Congress on the Department's activities. Provides for the transfer of personnel, assets, records, and funding to correspond with the transfers of functions, offices, and agencies made by this Act.
Terminates: (1) any department or agency in which all the functions of such department or agency are transferred by this Act; (2) the Department of Commerce; and (3) the Office of the U.S. Trade Representative. Makes certain technical and conforming amendments to specified Acts so that the provisions of such Acts reflect the executive reorganization made by this Act.
Provides for: (1) the separability of provisions of the Act; (2) interim officer appointments; and (3) initial appointment of officers created by this Act.
Introduced in Senate
Read second time and referred to Senate Committee on Governmental Affairs.
Committee on Governmental Affairs requested executive comment from OMB; Special Representative for Trade Negotiations, Agriculture Department; Commerce Department.
Committee on Governmental Affairs requested executive comment from Office of Science and Technology Policy of the Commerce Department; HUD; Interior Department; Transportation Department.
Committee on Governmental Affairs requested executive comment from Treasury Department; Export-Import Bank of the U.S., International Trade Commission; Overseas Private Investment Corp.
Committee on Governmental Affairs received executive comment from HUD.
Committee on Governmental Affairs. Hearings held.
Committee on Governmental Affairs received executive comment from U.S. Trade Representative; Overseas Private Investment Corporation.
Committee on Governmental Affairs received executive comment from State Department.
Committee on Governmental Affairs received executive comment from Transportation Department.
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Committee on Governmental Affairs received executive comment from Agriculture Department.