HR 5243 · 103th Congress · Economics and Public Finance
Economic Development Reauthorization Act of 1994
Bill Progress
✓
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Read twice and referred to the Committee on Environment and Public Works.(1994-10-08)
Plain Language Summary
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Economic Development Reauthorization Act of 1994 - Amends the Public Works and Economic Development Act of 1965 to authorize appropriations for grants to public works facilities through FY 1997. Repeals a limitation on financial assistance for sewer and other waste disposal facilities. Requires the Secretary of Commerce to: (1) conduct projects to demonstrate methods of assisting isolated small businesses to access small business services provided by Federal, State, and local governments; and (2) establish three business outreach centers. Directs the Secretary to establish: (1) an Office of Strategic Economic Development Planning and Policy within the Economic Development Administration; and (2) within such Office an Office of Economic Development Information. Establishes a Federal Coordinating Council for Economic Development to develop a Government-wide strategic plan for economic development. Authorizes appropriations. Requires applicants for economic development assistance to certify that a redevelopment area meets at least one criterion regarding per capita income, unemployment rates, job losses, population growth, employment declines, concentrations of low-income individuals,…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (6)
3 Democrats3 Republicans