National Economic Cooperation Act of 1983 - Amends the Employment Act of 1946 to add a new title on national economic cooperation. Establishes a National Economic Cooperation Council. Sets forth the purposes of the Council, including the requirement that the Council report annually to the President and the Congress on the state of the national economy. Requires that the general policies and administrative direction of the Council shall be controlled by a Board composed of nine members appointed by the President, by and with the advice and consent of the Senate. Sets forth the qualifications of members of the Board. Requires the principal administrative officer of the Council to be an Executive Director appointed by the Board.
Requires the Council to promote the growth and vitality of the U.S. economy by: (1) collecting and analyzing relevant data concerning economic trends and market opportunities; (2) evaluating existing and alternative government and business policies in terms of their impact on the capacity of American enterprises to take advantage of those trends and opportunities; (3) recommending government and business strategies and practices which will improve that capacity; (4) developing such concensus among the branches of government, labor, and business as is necessary to implement such strategies and practices; and (5) evaluating State and local policies and practices in terms of their impact on the economy. Sets forth methods for the Council to follow in carrying out such functions. Authorizes the Council to make special reports as necessary, in addition to its annual report.
Sets forth the authority of the Council to conduct hearings.
Establishes within the Council a Bureau of Economic Information and a Bureau of Economic Analysis and Policy. Sets forth the duties of such Bureaus.
Directs the President to designate a Special Adviser for Economic Coordination who: (1) shall be the principal official responsible for the coordination of executive branch trade and economic functions and activities; and (2) shall serve as the principal liaison official between executive branch departments and agencies and the Council. Authorizes appropriations for FY 1984 through 1989. Sets forth general administrative provisions.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
Referred to House Committee on Government Operations.
Executive Comment Requested from OMB, Commerce, ACIR, Labor, GSA, Justice, GAO.
Referred to Subcommittee on Legislation and National Security.
Referred to Subcommittee on Economic Stabilization.
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