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H. Rept. 115-484 1 (2018-01-03)

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                    115TH CONGRESS                                        REPORT
                      2nd Session     HOUSE OF REPRESENTATIVES            115-484







                         AFRICAN GROWTH AND OPPORTUNITY ACT AND
                       MILLENNIUM CHALLENGE ACT MODERNIZATION ACT



                     JANuARY 3, 2018.-Committed to the Committee of the Whole House on the State
                                      of the Union and ordered to be printed



                     Mr. ROYCE of California, from the Committee on Foreign Affairs,
                                         submitted the following


                                             REPORT

                                           [To accompany H.R. 3445]

                              [Including cost estimate of the Congressional Budget Office]

                      The Committee on Foreign Affairs, to whom was referred the bill
                    (H.R. 3445) to enhance the transparency and accelerate the impact
                    of programs under the African Growth and Opportunity Act and
                    the Millennium Challenge Corporation, and for other purposes,
                    having considered the same, reports favorably thereon without
                    amendment and recommends that the bill do pass.

                                           TABLE OF CONTENTS
                                                                                   Page
                    Sum m ary  and  Purpose  ...........................................................................................  1
                    Background and  Need  for the  Legislation  ............................................................  2
                    H earings  ...................................................................................................................  7
                    Com m ittee  Consideration  .......................................................................................  9
                    Com m ittee  Oversight Findings  ...............................................................................  9
                    New Budget Authority, Tax Expenditures, and Federal Mandates ....................   9
                    Congressional Budget Office  Cost Estimate   ..........................................................  9
                    D irected  Rule  M aking  .............................................................................................  11
                    Non-Duplication  of Federal Program  s  ...................................................................  11
                    Perform ance  Goals  and  Objectives  .........................................................................  11
                    Congressional Accountability  Act  ...........................................................................  11
                    N ew Advisory  Com m ittees  ......................................................................................  12
                    Earm ark  Identification  ............................................................................................  12
                    Section-by-Section  Analysis  ....................................................................................  12
                    Changes in Existing Law Made by the Bill, as Reported .....................................  13

                                         SUMMARY AND PURPOSE
                      H.R. 3445, the AGOA and MCA Modernization Act, seeks to re-
                    duce poverty, accelerate economic growth, and enable developing
                       79-006

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