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Invest in America Act

Referred to the Subcommittee on Labor-Management Relations.

Official summary

Version 00 · Introduced in House · Jan 5, 1993

Invest in America Act - Encourages the President to enter into an agreement with each European member nation of the North Atlantic Treaty Organization (NATO) in which U.S. armed forces are stationed to provide for payment by such nation of at least one-half of the cost of maintaining U.S. troops there, including personnel compensation costs. Establishes in the Treasury the Invest in America Fund and requires deposits into the Fund in an amount equal to deposits received from NATO nations for the payment of such costs. Authorizes the appropriation of Fund amounts for various general purposes. Provides for the expedited consideration, in the granting of funds from such appropriations, to State, county, or local areas experiencing a high level of unemployment due to the realignment or closure of a military installation or facility or the cancellation or curtailment of a major defense contract.

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Who introduced it

Rep. Gejdenson, Sam [D-CT-2] · D–CT

Committees

  • Education and Workforce Committee
  • Armed Services Committee
  • Energy and Commerce Committee
  • Natural Resources Committee
  • Foreign Affairs Committee
  • Transportation and Infrastructure Committee
  • Financial Services Committee
  • Science, Space, and Technology Committee
0 cosponsorship records, including any withdrawals

    Actions

    A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

    1. Referred to the Subcommittee on Labor-Management Relations.

    2. Referred to the Subcommittee on Readiness.

    3. Referred to the Subcommittee on Military Installations and Facilities.

    4. Referred to the Subcommittee on Research and Technology.

    5. Referred to the Subcommittee on Health and the Environment.

    6. Referred to the Subcommittee on Energy and Power.

    7. Referred to the Subcommittee on Transportation and Hazardous Materials.

    8. Executive Comment Requested from DOD.

    9. Referred to the Subcommittee on National Parks, Forests and Public Lands.

    10. Referred to the Subcommittee on Europe and the Middle East.

    11. Referred to the Subcommittee on International Security, International Organizations and Human Rights.

    12. Referred to the Subcommittee on Economic Development.

    13. Referred to the Subcommittee on Surface Transportation.

    14. Referred to the Subcommittee on Water Resources and Environment.

    15. Referred to the Subcommittee on Energy.

    16. Referred to the Subcommittee on Technology, Environment, and Aviation.

    17. Referred to the Subcommittee on Housing and Community Development.

    18. Referred to the Subcommittee on Economic Growth and Credit Formation.

    19. Referred to the House Committee on Science, Space and Technology.

    20. Referred to the House Committee on Public Works + Transportation.

    21. Referred to the House Committee on Natural Resources.

    22. Referred to the House Committee on Energy and Commerce.

    23. Referred to the House Committee on Foreign Affairs.

    24. Referred to the House Committee on Education and Labor.

    25. Referred to the House Committee on Banking, Finance + Urban Affrs.

    26. Referred to the House Committee on Armed Services.

    27. Introduced in House

    28. Introduced in House

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    Related bills identified by Congress.gov

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    Source last updated: Jun 3, 2026. Consult Congress.gov for the current record.

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