HR 5544 · 98th Congress · Economics and Public Finance
United States-Mexican Border Economic Recovery Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on Housing and Community Development.(1984-05-15)
Plain Language Summary
[AI summary unavailable — showing source text]
United States-Mexican Border Economic Recovery Act - Title I: Reauthorization of the Economic Development Administration - Amends the Public Works and Economic Development Act of 1965 to authorize appropriations for FY 1983 through 1985 to carry out grants for public works and development facilities, with specified amounts earmarked for grants for health projects. Authorizes appropriations for FY 1983 through 1987 for: (1) public works and development facility loans and for business loans and loan guarantees; (2) the redevelopment area loan program; (3) technical assistance and economic development planning, with specified amounts earmarked for grants to the States; (4) supplemental and basic grants to the States; (5) certain economic development districts; and (6) special economic development and adjustment assistance. Limits the percentage of special economic development and adjustment assistance funds that may be expended in areas suffering from the effects of extraordinary, servere and temporary natural conditions and in areas suffering from the effects of foreign currency devaluations, unless the Secretary of Commerce (the Secretary) determines that additional funds are necess…
Summarized by Claude AI · Non-partisan · For informational purposes only