PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the House Committee on Foreign Affairs.
Congressional Research Service
Version 00 · Introduced in House · May 25, 2017
Economic Growth and Development Act
This bill requires the President to establish a primary interagency mechanism to coordinate U.S. development assistance programs carried out by federal agencies overseas with private sector investment activities.
The mechanism shall:
Showing the opening paragraphs of the official summary.
streamline the private-sector liaison, coordination, and investment promotion functions of such agencies;
facilitate the use of development and finance tools across such agencies to attract greater participation in development activities by the private sector; and
establish a single point of contact for U.S. private sector entities pursuing partnership opportunities with such agencies.
Federal agencies planning or providing U.S. development assistance overseas shall ensure that: (1) a rigorous analysis of the constraints to economic growth and investment within a recipient country guides any U.S. development strategy, and (2) U.S. development strategies are coordinated with private sector activities in such countries.
Each analysis shall identify and analyze: (1) the constraints posed by inadequacies in critical infrastructure, the education system, the rule of law, the tax and investment codes, or the customs or regulatory regimes in the recipient country; and (2) the particular economic sectors that are central to achieving economic growth in the recipient country.
The results of each analysis shall be: (1) incorporated into any relevant development strategy, and (2) used to guide the allocation of resources by federal agencies planning or providing U.S. development assistance overseas.
People & committees
Rep. Yoho, Ted S. [R-FL-3] · R–FL
Legislative record
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Referred to the House Committee on Foreign Affairs.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Aug 11, 2025. Consult Congress.gov for the current record.
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