Title 22Foreign Relations and IntercourseRelease 119-73not60

§3143 Reports by Government Accountability Office

Title 22 › Chapter 46A— FOREIGN DIRECT INVESTMENT AND INTERNATIONAL FINANCIAL DATA › § 3143

Last updated Apr 5, 2026|Official source

Summary

The Comptroller General may look over the investment data described in section 3142(b) and write reports for several congressional committees. These reports can analyze the Commerce Department’s reports, suggest changes for next year’s analysis, recommend better ways for federal agencies to collect and use data (including private-sector sources and improved surveys), review how exchanged data are reconciled and suggest fixes, and propose more policy coordination or better survey coverage and industry categories. The Comptroller General can also review data at the Census Bureau, Bureau of Labor Statistics, and Bureau of Economic Analysis and report to the same committees, but only as allowed by law (including sections 3104(c) and 3144). The Comptroller General must follow each agency’s rules for access and keep any identifiable data at the agency where it was reviewed. Reports cannot reveal confidential business information or identify any person or business. The Comptroller General must not combine identifiable agency data with other identifiable confidential data not collected by those agencies. Access must follow section 716 of title 31.

Full Legal Text

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.

Legislative History

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.

Reference

Citations & Metadata

Citation

22 U.S.C. § 3143

Title 22Foreign Relations and Intercourse

Last Updated

Apr 5, 2026

Release point: 119-73not60