Arid Lands Renewable Agricultural Resources Corporation Act of 1983

[AI summary unavailable — showing source text] Arid Lands Renewable Resources Corporation Act of 1983 - Title I: General Provisions - Declares the purpose of this Act to be to encourage private investment in developing domestic oil and rubber producing plants. Title II: Establishment of Corporation - Creates the Arid Lands Renewable Resources Corporation. Vests the Corporation's powers in a Board of Directors. Provides for the appointment of an Inspector General and an Advisory Committee to the Board of Directors. Title III: Production Goal of the Corporation - Requires the Board to develop and submit a comprehensive strategy plan to the Congress within one year of enactment of this Act. Directs the Corporation to periodically solicit proposals for projects to develop domestic oil and rubber producing plants (including guayule, jojoba, gopher plant, and buffalo gourd). Sets forth congressional oversight provisions. Title IV: Financial Assistance - Authorizes the Corporation to provide financial assistance through price guarantees, loans, and joint ventures. Title V: Corporation Construction Projects - Authorizes the Corporation to own arid lands resources projects, including construction projects. Title VI: Capitalization and F…