HR 2375 · 98th Congress · Labor and Employment

Enterprise Development and Industrial Revitalization Act of 1983

Introduced 1983-03-24· Sponsored by Rep. Nowak, Henry [D-NY-33]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Committee Hearings Held.(1983-11-17)

Plain Language Summary

[AI summary unavailable — showing source text] Enterprise Development and Industrial Revitalization Act of 1983 - Title I: National Development Investment - Amends the Public Works and Economic Development Act of 1965 to rename it the National Development Investment Act. Declares the findings of Congress and the purposes of this Act. Authorizes the Secretary of Commerce to make grants for a portion of the costs of certain projects submitted in a development investment strategy, upon the application of a State, economic development district, unit of local government, Indian tribe or private or public nonprofit organizations which meet the eligibility criteria established by this Act. Authorizes such development investment assistance: (1) for the construction, repair, rehabilitation and improvement of public facilities; (2) for revolving loan funds to promote the establishment and growth of small businesses; (3) to conduct feasibility studies, site preparation, and other technical assistance to prepare for development and to enhance the investment climate; and (4) for certain other development activities. Requires the Secretary to provide technical assistance and conduct feasibility studies to assist any person to establish a qua…

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

Cosponsors (1)

1 Republican