HR 6201 · 97th Congress · Economics and Public Finance

A bill to amend the Public Works and Economic Development Act of 1965 to reauthorize the Economic Development Administration for fiscal years 1983, 1984, and 1985, and for other purposes.

Introduced 1982-04-28· Sponsored by Rep. Mitchell, Donald J. [R-NY-31]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Economic Stabilization.(1982-05-17)

Plain Language Summary

[AI summary unavailable — showing source text] Title I: Public Works and Economic Development - Amends the Public Works and Economic Development Act of 1965 to revise eligibility requirements for direct and supplementary grants for public works and development facilities. Declares that the Federal share of the cost of any such project for which a direct grant is made shall be the percentage determined either: (1) from the unemployment rate for the political subdivision where the project is located; or (2) from the percentage by which the per capita income for such political subdivision is below the national average, whichever results in the higher Federal share. Sets forth a table by which the Federal share shall be determined. Eliminates the Secretary of Commerce's authority to reduce or waive the non-Federal share of a project in the case of a grant to an Indian tribe or a project in a redevelopment area. Permits supplementary grant funds to be used only for projects in political subdivisions that are eligible for assistance under such Act. Prohibits the total amount of direct and supplementary grants for any project from exceeding 100 percent of the costs of such project. Authorizes appropriations through FY 1985 to carry ou…

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