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LegalText 15 U.S.C. § 4807 Annual report us united_states_code code_section 15 COMMERCE AND TRADE 74 COMPETITIVENESS POLICY COUNCIL 4807 15 U.S.C. § 4807 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s4807 data/legal/raw/us/code/title-15/usc15.xml 926143e03b90cffff1af016e89f143f72416dc7cde108d882041b6e9369e9aa9 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 9ccde8754c524f674d0b732bb819cc8e773b615d87faf06d0259fc699be805f1 2026-07-04 official
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15 U.S.C. § 4807 - Annual report

Text

(a) Submission of report The Council shall annually on March 1 submit to the President, the Senate Governmental Affairs Committee, and the appropriate Committees of the House of Representatives and the Senate a report setting forth—

(1) the goals to achieve a more competitive United States economy;

(2) the policies needed to meet such goals;

(3) a summary of existing policies of the Federal Government or State and local governments significantly affecting the competitiveness of the United States economy; and

(4) a summary of significant economic and technological developments, in the United States and abroad, affecting the competitive position of United States industries.

(b) Contents of report The report submitted under subsection (a) shall—

(1) identify and describe actual or foreseeable developments, in the United States and abroad, which—

(A) create a significant likelihood of a competitive challenge to, or of substantial dislocation in, an established United States industry;

(B) present significant opportunities for United States industries to compete in new geographical markets or product markets, or to expand the position of such industries in established markets; or

(C) create a significant risk that United States industries shall be unable to compete successfully in significant markets;

(2) specify the industry sectors affected by the developments described in the report under paragraph (1); and

(3) contain a statement of the findings and recommendations of the Council during the previous fiscal year, including any recommendations of the Council for (a) such legislative or administrative actions as the Council considers appropriate, and (b) including the elimination, consolidation, reorganization of government agencies especially such agencies that specifically deal with research, science, technology, and international trade.

(c) Report by Congressional committees The Council shall consult with each committee to which a report is submitted under this section and after such consultation, each such committee shall submit to its respective House a report setting forth the views and recommendations of such committee with respect to the report of the Council.

(Pub. L. 100418, title V, § 5208, Aug. 23, 1988, 102 Stat. 1461; Pub. L. 101382, title I, § 133(d), Aug. 20, 1990, 104 Stat. 649.)

Notes

Editorial Notes

Amendments1990—Subsec. (a). Pub. L. 101382 substituted “on March 1” for “prepare and”.

Statutory Notes and Related Subsidiaries

Change of Name Committee on Governmental Affairs of Senate changed to Committee on Homeland Security and Governmental Affairs of Senate, effective Jan. 4, 2005, by Senate Resolution No. 445, One Hundred Eighth Congress, Oct. 9, 2004.