To amend the Export Enhancement Act of 1988 to improve export promotion activities, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Efficient Export Promotion to Help American Businesses Act of 2012''.
SEC. 2. IMPROVED COORDINATION OF EXPORT PROMOTION ACTIVITIES OF FEDERAL AGENCIES.
Section 2312(b) of the Export Enhancement Act of 1988 (relating to the Trade Promotion Coordinating Committee; 15 U.S.C. 4727(b)) is amended-- (1) in paragraph (5), by striking ``and'' after the semicolon; (2) by redesignating paragraph (6) as paragraph (7); and (3) by inserting after paragraph (5) the following: ``(6) in making assessments under paragraph (5)-- ``(A) review the proposed annual budget of each agency described in paragraph (5) before the agency submits the budget to the Office of Management and Budget and the President for inclusion in the budget of the United States submitted to Congress under section 1105(a) of title 31, United States Code, to ensure each agency coordinates with the other agencies described in paragraph (5) on enforcement, promotion of foreign direct investment, performance outreach, centralization of information for exporters, and other duties described in paragraphs (1) through (5); and ``(B) recommend the combining and simplification of programs and the termination of redundant programs and changes in funding to meet the strategic plan as described in its annual report to Congress under subsection (f); and''.
SEC. 3. IMPROVED REPORTING ON...