S 612 · 94th Congress · Commerce

Economic Adjustment Assistance Act

Introduced 1975-02-07· Sponsored by Sen. Pearson, James B. [R-KS]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Government Operations.(1975-02-07)

Plain Language Summary

[AI summary unavailable — showing source text] Economic Adjustment Assistance Act - Declares that it is the purpose of this Act to establish an Economic Adjustment Administration to: (1) provide improved administration of economic adjustment assistance programs benefiting regions and communities which suffer economic hardships and dislocations arising from the adverse impact of specified Federal decisions; (2) study existing adjustment assistance activities deficiencies; and (3) provide assistance to communities and regions to enable them to anticipate and plan for federally induced structural changes in their economies. Establishes in the executive branch the Economic Adjustment Administration, to be directed by an Administrator appointed by the President, by and with the advice and consent of the Senate. Provides for a Deputy Administrator also appointed by the President, by and with the advice and consent of the Senate. Enumerates the powers and duties of the Administrator, including the duty to appoint a National Public Advisory Committee on Economic Adjustment, to be composed of 25 members. States that such Committee shall make recommendations to the Administrator relative to the carrying out of his responsibilities under …

Summarized by Claude AI · Non-partisan · For informational purposes only