Americas Act

This bill establishes a regional trade, investment, and people-to-people partnership of countries in the Western Hemisphere to stimulate growth and integration through private sector development. Title I, E-Governance in the Americas: Establishes a nonprofit Americas Institute for Digital Governance to develop and maintain an e-governance framework for partner countries, promoting interoperable government services. Authorizes $10,000,000 for the Institute, with additional funding from a Re-shoring and Near-shoring Account. Title II, Trade and Investment for the Americas: Authorizes the Secretary of State to enter partnership agreements with Western Hemisphere countries as a gateway to USMCA accession. Establishes a business advisory board, a Deputy Under Secretary at Commerce, and an Americas Partnership Secretariat. Provides up to $70,000,000,000 in loans for re-shoring and near-shoring from China, and creates a tax credit for 50% of qualifying expenses. Includes programs for textile grants, production verification teams, and trade enforcement units. Establishes a BUILD Americas Unit and an Americas Partnership Enterprise Fund for investment. Authorizes cultural programs, doubled Peace Corps volunteers, a scholarship program, and a Radio Free Americas service. Title III, Revenue and Financial Management: Creates a Re-shoring and Near-shoring Account in the Treasury and modifies de minimis entry treatment for articles. Title IV, Reporting and Branding: Requires an annual report on the Americas program and mandates branding consistent with State Department policies.