§3143 — Title 22 Foreign Relations and Intercourse | U.S. Code

Summary

The Comptroller General may review the information listed in section 3142(b), as allowed by law (including section 3144), and use that review to prepare reports for certain House and Senate committees and the Joint Economic Committee. Those reports can analyze the Commerce Secretary’s reports under section 3142, recommend changes to next year’s analysis, suggest ways to improve how federal agencies collect data on foreign direct investment (including using private-sector data and better survey questions), review progress on reconciling exchanged data and suggest improvements to international financial data, recommend more executive-branch policy coordination on foreign direct investment, and recommend better coverage, industry classification, and consistency across agency surveys. The Comptroller General may also review data at the Census Bureau, Bureau of Labor Statistics, and Bureau of Economic Analysis, as allowed by law (including section 3104(c) and 3144), and report to the same committees. When doing this, the Comptroller General must follow those agencies’ access and disclosure rules and keep any personally identifiable data at the agency where it is held. The Comptroller General must not reveal confidential business information or any data that could identify a person or business, and must not combine identifiable data from those statistical agencies with other identifiable confidential data the agencies did not collect. Access must follow section 716 of title 31.

Title 22, §3143

Foreign Relations and Intercourse — Source: USLM XML via OLRC

(a)The Comptroller General, to the extent permitted by law, including section 3144 of this title, is authorized to review the information described in section 3142(b) of this title for purposes of preparing the reports referred to in subsection (b) of this section. Nothing in this section authorizes disclosure of any individually identifiable data or information in any form that can be associated with or otherwise identify, directly or indirectly, any person, including any enterprise or establishment.

(b)Consistent with the provisions of this section, the Comptroller General may submit to the Committee on Energy and Commerce, the Committee on Ways and Means, and the Committee on Foreign Affairs of the House of Representatives, to the Committee on Commerce, Science, and Transportation of the Senate, and to the Joint Economic Committee of the Congress reports—

(1)analyzing reports issued by the Secretary of Commerce under section 3142 of this title;

(2)making recommendations for changes in the analysis done in the report due the following year under section 3142 of this title;

(3)making recommendations for improving the collection by respective Federal agencies of data on foreign direct investment in the United States, including use of private sector data, and improving survey questionnaires to obtain useful and consistent information that avoids unnecessary redundancy among Federal agencies;

(4)reviewing the status and processes for reconciliation of data exchanged as required by this Act and the amendments made by this Act, and making any recommendations for improving and augmenting international financial data;

(5)making recommendations for possible additional policy coordination within the executive branch affecting foreign direct investment in the United States; and

(6)making recommendations for improvement of the coverage, industry classification, and consistency among Federal agencies of their respective surveys.

(c)(1)The Comptroller General may, to the extent permitted by law, including section 3104(c) of this title and section 3144 of this title, also review data and information at the Bureau of the Census, the Bureau of Labor Statistics, and the Bureau of Economic Analysis and from time to time report to the Committee on Energy and Commerce, the Committee on Ways and Means, and the Committee on Foreign Affairs of the House of Representatives, the Committee on Commerce, Science, and Transportation of the Senate, and to the Joint Economic Committee of the Congress.

(2)The Comptroller General shall, in carrying out paragraph (1), comply with procedures relating to access to and disclosure of data and information established within the Federal statistical agencies referred to in paragraph (1), and maintain any and all individually identifiable data and information at the statistical agency where the information is reviewed.

(d)In preparing any report under this section, the Comptroller General shall not—

(1)disclose any confidential business information or present any information in a way in which any person, including a business enterprise or establishment, can be identified; or

(2)combine, match, or use in any other way individually identifiable data or information maintained by any of the Federal statistical agencies referred to in subsection (c) with any other individually identifiable confidential data or information that is not collected by such statistical agencies.

(e)The access by the Comptroller General to information under this Act shall be in conformity with section 716 of title 31.

Notes & Related Subsidiaries

Editorial Notes

References in Text

This Act and the

Amendments

made by this Act, referred to in subsecs. (b)(4) and (e), is Pub. L. 101–533, Nov. 7, 1990, 104 Stat. 2344, known as the Foreign Direct Investment and International Financial Data Improvements Act of 1990, which is classified principally to this chapter. For complete classification of this Act to the Code, see

Short Title

note set out under section 3141 of this title and Tables.

Amendments

2004—Pub. L. 108–271 substituted “Government Accountability Office” for “General Accounting Office” in section catchline. 1996—Subsec. (a). Pub. L. 104–316, § 111(c)(1), substituted “reports referred to in” for “report required under”. Subsec. (b). Pub. L. 104–316, § 111(c)(2)(A), (D), substituted “Reports” for “Report” in heading, in introductory provisions substituted “Consistent with the provisions of this section, the Comptroller General may submit” for “Not later than 5 months after each report issued by the Secretary of Commerce under section 3142 of this title, the Comptroller General of the United States shall submit”, and struck out closing provisions which read as follows: “Reports under this subsection shall be issued only with respect to the first 3 reports issued by the Secretary of Commerce under section 3142 of this title.” Pub. L. 104–316, § 111(c)(2)(B), which directed that subsec. (b) be amended by substituting “Congress reports” for “Congress, a report”, was executed in the introductory provisions by making the substitution for “Congress a report”, to reflect the probable intent of Congress. Subsec. (b)(1). Pub. L. 104–316, § 111(c)(2)(C), substituted “reports issued by the Secretary of Commerce under section 3142 of this title” for “the report of the Secretary of Commerce”.

Statutory Notes and Related Subsidiaries

Change of Name

Committee on Energy and Commerce of House of Representatives treated as referring to Committee on Commerce of House of Representatives by section 1(a) of Pub. L. 104–14, set out as a note preceding section 21 of Title 2, The Congress. Committee on Commerce of House of Representatives changed to Committee on Energy and Commerce of House of Representatives, and jurisdiction over matters relating to securities and exchanges and insurance generally transferred to Committee on Financial Services of House of Representatives by House Resolution No. 5, One Hundred Seventh Congress, Jan. 3, 2001.

§3143 Reports by Government Accountability Office

Summary

Title 22, §3143

Notes & Related Subsidiaries

Editorial Notes

References in Text

Amendments

Short Title

Amendments

Statutory Notes and Related Subsidiaries

Change of Name

Citations & Metadata