text: SECTION 1. SHORT TITLE.
  
      This Act may be cited as the ``Export Enhancement Act of 1999''.
  
  SEC. 2. OPIC ISSUING AUTHORITY.
  
      Section 235(a)(2) of the Foreign Assistance Act of 1961 (22 U.S.C. 
  2195(a)(3)) is amended by striking ``1999'' and inserting ``2003''.
  
  SEC. 3. IMPACT OF OPIC PROGRAMS.
  
      (a) Additional Requirements.--Section 231A of the Foreign 
  Assistance Act of 1961 (22 U.S.C. 2191a) is amended--
          (1) by redesignating subsection (b) as subsection (c);
          (2) by inserting after subsection (a) the following new 
      subsection:
      ``(b) Environmental Impact.--The Board of Directors of the 
  Corporation shall not vote in favor of any action proposed to be taken 
  by the Corporation that is likely to have significant adverse 
  environmental impacts that are sensitive, diverse, or unprecedented, 
  unless for at least 60 days before the date of the vote--
          ``(1) an environmental impact assessment or initial 
      environmental audit, analyzing the environmental impacts of the 
      proposed action and of alternatives to the proposed action has been 
      completed by the project applicant and made available to the Board 
      of Directors; and
          ``(2) such assessment or audit has been made available to the 
      public of the United States, locally affected groups in the host 
      country, and host country nongovernmental organizations.''; and
          (3) in subsection (c), as so redesignated--
              (A) by inserting ``(1)'' before ``The Board''; and
              (B) by adding at the end the following:
      ``(2) In conjunction with each meeting of its Board of Directors, 
  the Corporation shall hold a public hearing in order to afford an 
  opportunity for any person to present views regarding the activities of 
  the Corporation. Such views shall be made part of the record.''.
      (b) Effective Date.--The amendments made by subsection (a) shall 
  take effect 90 days after the date of the enactment of this Act.
  
  SEC. 4. BOARD OF DIRECTORS OF OPIC.
  
      Section 233(b) of the Foreign Assistance Act of 1961 (22 U.S.C. 
  2193(b)) is amended--
          (1) by striking the second and third sentences;
          (2) in the fourth sentence by striking ``(other than the 
      President of the Corporation, appointed pursuant to subsection (c) 
      who shall serve as a Director, ex officio)'';
          (3) in the second undesignated paragraph--
              (A) by inserting ``the President of the Corporation, the 
          Administrator of the Agency for International Development, the 
          United States Trade Representative, and'' after ``including''; 
          and
              (B) by adding at the end the following: ``The United States 
          Trade Representative may designate a Deputy United States Trade 
          Representative to serve on the Board in place of the United 
          States Trade Representative.''; and
          (4) by inserting after the second undesignated paragraph the 
      following:
      ``There shall be a Chairman and a Vice Chairman of the Board, both 
  of whom shall be designated by the President of the United States from 
  among the Directors of the Board other than those appointed under the 
  second sentence of the first paragraph of this subsection.''.
  
  SEC. 5. TRADE AND DEVELOPMENT AGENCY.
  
      (a) Purpose.--Section 661(a) of the Foreign Assistance Act of 1961 
  (22 U.S.C. 2421(a)) is amended by inserting before the period at the 
  end of the second sentence the following: ``, with special emphasis on 
  economic sectors with significant United States export potential, such 
  as energy, transportation, telecommunications, and environment''.
      (b) Contributions of Costs.--Section 661(b) of the Foreign 
  Assistance Act of 1961 (22 U.S.C. 2421(b)) is amended by adding at the 
  end the following:
          ``(5) Contributions to costs.--The Trade and Development Agency 
      shall, to the maximum extent practicable, require corporations and 
      other entities to--
              ``(A) share the costs of feasibility studies and other 
          project planning services funded under this section; and
              ``(B) reimburse the Trade and Development Agency those 
          funds provided under this section, if the corporation or entity 
          concerned succeeds in project implementation.''.
      (c) Funding.--Section 661(f) of the Foreign Assistance Act of 1961 
  (22 U.S.C. 2421(f)) is amended--
          (1) in paragraph (1)(A) by striking ``$77,000,000'' and all 
      that follows through ``1996'' and inserting ``$48,000,000 for 
      fiscal year 2000 and such sums as may be necessary for each fiscal 
      year thereafter''; and
          (2) in paragraph (2)(A), by striking ``in fiscal years'' and 
      all that follows through ``provides'' and inserting ``in carrying 
      out its program, provide, as appropriate, funds''.
  
  SEC. 6. IMPLEMENTATION OF PRIMARY OBJECTIVES OF TPCC.
  
      The Trade Promotion Coordinating Committee shall--
          (1) report on the actions taken or efforts currently underway 
      to eliminate the areas of overlap and duplication identified among 
      Federal export promotion activities;
          (2) coordinate efforts to sponsor or promote any trade show or 
      trade fair;
          (3) work with all relevant State and national organizations, 
      including the National Governors' Association, that have 
      established trade promotion offices;
          (4) report on actions taken or efforts currently underway to 
      promote better coordination between State, Federal, and private 
      sector export promotion activities, including co-location, cost 
      sharing between Federal, State, and private sector export promotion 
      programs, and sharing of market research data; and
          (5) by not later than March 30, 2000, and annually thereafter, 
      include the matters addressed in paragraphs (1), (2), (3), and (4) 
      in the annual report required to be submitted under section 2312(f) 
      of the Export Enhancement Act of 1988 (15 U.S.C. 4727(f)).
  
  SEC. 7. TIMING OF TPCC REPORTS.
  
      Section 2312(f) of the Export Enhancement Act of 1988 (15 U.S.C. 
  4727(f)) is amended by striking ``September 30, 1995, and annually 
  thereafter,'' and inserting ``March 30 of each year,''.
  
                                 Speaker of the House of Representatives.
  
                              Vice President of the United States and    
                                                 President of the Senate.
target: (Sec. 3) Revises certain OPIC requirements to prohibit the OPIC Board of Directors from voting in favor of any proposed action likely to have significant adverse environmental impacts that are sensitive, diverse, or unprecedented, unless: (1) an environmental impact assessment or initial environmental audit has been completed by the project applicant and made available to the Board of Directors; and (2) such assessment or audit has been made available to the U.S. public, locally affected groups in the host country, and host country nongovernmental organizations. Requires OPIC in conjunction with each Board of Directors' meeting to hold a public hearing in order to afford an opportunity for any person to present views regarding OPIC activities.
  (Sec. 4) Revises the composition of the OPIC Board of Directors.
  (Sec. 5) Revises the purposes of the Trade and Development Agency to include, with respect to the promotion of U.S. private sector participation in development projects in developing and middle-income countries, special emphasis on economic sectors with significant U.S. export potential, such as energy, transportation, telecommunications, and environment. Directs the Agency to require corporations and other entities to: (1) share the costs of feasibility studies and other project planning services; and (2) reimburse the Agency those funds it has provided, if the corporation or entity concerned succeeds in project implementation. Authorizes appropriations.
  (Sec. 6) Requires the Trade Promotion Coordinating Committee (TPCC) to: (1) report on actions taken to eliminate the areas of overlap and duplication identified among Federal export promotion activities; (2) coordinate efforts to sponsor or promote any trade show or trade fair; (3) work with all relevant State and national organizations, including the National Governors' Association, that have established trade promotion offices; and (4) report to Congress on actions taken to promote better coordination among State, Federal, and private sector export promotion activities.
  (Sec. 7) Amends the Export Enhancement Act of 1988 to change the deadline for TPCC annual reports from September 30 to March 30.
feat_title: Export Enhancement Act of 1999