S 1550 · 96th Congress · Foreign Trade and International Finance
Department of Commerce and Trade Organization Act
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Governmental Affairs.(1979-07-20)
Plain Language Summary
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Department of Commerce and Trade Organization Act - Title I: Findings and Purposes - Enumerates the following functions of the Secretary of Commerce and Trade (hereinafter "Secretary") as such office is defined in this Act: (1) the coordination of the development and implementation of United States international trade policy; (2) the promotion of U.S. exports; (3) the gathering and dissemination of information regarding foreign investment in the United States and United States investment abroad; (4) the maintenance of free and fair trade; (5) the administration of U.S. trade agreements, foreign assets control, and trade embargo responsibilities; and (6) the administration of tariff classification and statistical reporting functions. Title II: Department of Commerce and Trade - Redesignates the Department of Commerce as the Department of Commerce and Trade. Redesignates the officials of the Department of Commerce accordingly. Provides for the appointment of: (1) a Deputy Secretary to act for the Secretary during the Secretary's absence; (2) an Under Secretary for International Trade; (3) an Under Secretary for Technology and Industry; (4) an Assistant Secretary for Productivity; (5)…
Summarized by Claude AI · Non-partisan · For informational purposes only