A bill to amend the Public Works and Economic Development Act of 1965 to extend the authorizations for a 2-year period, and for other purposes.

[AI summary unavailable — showing source text] Extends the appropriations provisions of the Public Works and Economic Development Act through fiscal year 1976. Deletes the provisions of such Act regarding additional grants to areas of substantial unemployment during the preceding year from title I (Grants for Public Works and Development Facilities) of such Act. Limits the amount of loans for public works and development facilities and for business and business loan guarantees for fiscal years 1975 and 1976. Authorizes financial aid within a redevelopment area for the purcahse or development of land and facilities for industrial or commercial usage, and for any industrial or commercial activity. Authorizes grants to State, or sub-State economic adjustment planning organizations, for administrative and planning activities. Authorizes appropriations of $60,000,000 for fiscal years 1975 and 1976 for technical assistance, research and information activities under this Act. Requires economic development districts under such Act to provide copies of their overall economic development programs to the appropriate regional commissions. Extends through fiscal year 1976 appropriations authorization for economic development centers and inc…