To provide a framework for coordinating Federal, State, and local efforts to meet the special needs of the SouthEast Crescent Region.

[AI summary unavailable — showing source text] Establishes a SouthEast Crescent Authority for parts of the following southeastern states not already served by the Appalachian Regional Commission or the Delta Regional Authority: DC, Virginia, North Carolina, South Carolina, Georgia, Alabama, Mississippi, and Florida. Directs the Authority to perform various functions, including: (1) formulating plans and programs to spur economic development, and approving grants to States and public and nonprofit entities toward that end; (2) establishing priorities in a development plan for the region; (3) working with State and local agencies to craft appropriate model legislation; (4) encouraging private investment in the region; (5) supporting local development districts, and creating them where they do not exist; and (6) making recommendations to Governors and State legislatures on means of interstate cooperation. Authorizes the Authority to hold hearings, take testimony, receive evidence and require oaths as it deems necessary. Requires Federal agencies to cooperate with the Authority. Permits the Authority to request and receive Federal, State and local government personnel as employees. Stipulates that Authority grants for infrastructur…