PRIA, Government Policy, Made Personal

Summary

The Secretary of Commerce must create a program to help U.S. service industries compete in foreign markets. The program must work with other agencies to make policies, build a database of trade and industry data, and collect and study information about how U.S. service firms operate and compete abroad. That study must look at things like foreign government rules, U.S. federal/state/local regulation, tax effects, international agreements, antitrust rules, and whether U.S. policies and export efforts are adequate. The program must also do research, forecasts, industry strategies, and studies of specific service sectors. The program must separate income from investment and income from noninvestment services. Starting in 1986 and at least every two years, the Secretary must send a report to Congress and the President within 120 days after the period covered. The work must be done with funds already available to the Secretary. "Services" means activities that make non‑tangible outputs, such as banking, insurance, transport, postal and delivery, communications and data processing, trade, advertising, accounting, construction and engineering, consulting, real estate, professional services, entertainment, education, health care, and tourism.

Title 19, §2114b

Customs Duties, Source: USLM XML via OLRC

(1)The Secretary of Commerce shall establish a service industries development program designed to—

(A)develop, in consultation with other Federal agencies as appropriate, policies regarding services that are designed to increase the competitiveness of United States service industries in foreign commerce;

(B)develop a data base for assessing the adequacy of Government policies and actions pertaining to services, including, but not limited to, data on trade, both aggregate and pertaining to individual service industries;

(C)collect and analyze, in consultation with appropriate agencies, information pertaining to the international operations and competitiveness of United States service industries, including information with respect to—

(i)policies of foreign governments toward foreign and United States service industries;

(ii)Federal, State, and local regulation of both foreign and United States suppliers of services, and the effect of such regulation on trade;

(iii)the adequacy of current United States policies to strengthen the competitiveness of United States service industries in foreign commerce, including export promotion activities in the service sector;

(iv)tax treatment of services, with particular emphasis on the effect of United States taxation on the international competitiveness of United States firms and exports;

(v)treatment of services under international agreements of the United States;

(vi)antitrust policies as such policies affect the competitiveness of United States firms; and

(vii)treatment of services in international agreements of the United States;

(D)conduct a program of research and analysis of service-related issues and problems, including forecasts and industrial strategies; and

(E)conduct sectoral studies of domestic service industries.

(2)For purposes of the collection and analysis required by paragraph (1), and for the purpose of any reporting the Department of Commerce makes under paragraph (3), such collection and reporting shall distinguish between income from investment and income from noninvestment services.

(3)On not less than a biennial basis beginning in 1986, the Secretary shall prepare a report which analyzes the information collected under paragraph (1). Such report shall be submitted to the Congress and to the President by not later than the date that is 120 days after the close of the period covered by the report.

(4)The Secretary of Commerce shall carry out the provisions of this subsection from funds otherwise made available to him which may be used for such purposes.

(5)For purposes of this section, the term “services” means economic activities whose outputs are other than tangible goods. Such term includes, but is not limited to, banking, insurance, transportation, postal and delivery services, communications and data processing, retail and wholesale trade, advertising, accounting, construction, design and engineering, management consulting, real estate, professional services, entertainment, education, health care, and tourism.

Notes & Related Subsidiaries

Editorial Notes

Codification Section was enacted as part of the International Trade and Investment Act, and also as part of the Trade and Tariff Act of 1984, and not as part of the Trade Act of 1974 which comprises this chapter. Section is comprised of subsec. (a) of section 306 of Pub. L. 98–573. Subsec. (b) of such section amended section 3101, 3103, and 3104 and a provision set out as a note under section 3101 of Title 22, Foreign Relations and Intercourse; subsec. (c)(1), (2)(A) of such section is classified to section 2114c of this title; and subsec. (c)(2)(B), (C) of such section amended section 2114, 2155, 2413, and 2414 of this title.

Amendments

1998—Par. (5). Pub. L. 105–277, which directed the amendment of par. (5) by inserting “postal and delivery services,” after “transportation.” in second sentence, was executed by making the insertion after “transportation,” to reflect the probable intent of Congress.

§2114b Provisions Relating to International Trade in Services

Summary

Title 19, §2114b

Notes & Related Subsidiaries

Editorial Notes

Amendments

Citations & Metadata