Top Legislation - View All

Latest Action: 07/15/2008 - Sponsor introductory remarks on measure. (CR S6724)

Bill Text
A bill to amend the Public Works and Economic Development Act of 1965 to reauthorize that Act, and for other purposes. 7/15/2008--Introduced. Economic Development Administration Reauthorization Act of 2008 - Amends the Public Works and Economic Development Act of 1965 to authorize the Secretary of Commerce to establish and carry out an Excellence in Economic Development Award Program to recognize innovative economic development strategies of national significance. Directs the Secretary to publicly solicit nominations of nonprofit organizations or institutions.Authorizes a recipient of an economic adjustment grant who determines that a revolving loan fund established using such assistance is no longer needed or that the recipient could make better use of the assistance to carry out another project that meets the requirements of the Act to request the Secretary to approve conversion of the assistance by: (1) selling fund assets to a third party; or (2) retaining repayments [...]

show full description

Latest Legislation - View All

Latest Action: 07/15/2008 - Sponsor introductory remarks on measure. (CR S6724)

Bill Text
A bill to amend the Public Works and Economic Development Act of 1965 to reauthorize that Act, and for other purposes. 7/15/2008--Introduced. Economic Development Administration Reauthorization Act of 2008 - Amends the Public Works and Economic Development Act of 1965 to authorize the Secretary of Commerce to establish and carry out an Excellence in Economic Development Award Program to recognize innovative economic development strategies of national significance. Directs the Secretary to publicly solicit nominations of nonprofit organizations or institutions.Authorizes a recipient of an economic adjustment grant who determines that a revolving loan fund established using such assistance is no longer needed or that the recipient could make better use of the assistance to carry out another project that meets the requirements of the Act to request the Secretary to approve conversion of the assistance by: (1) selling fund assets to a third party; or (2) retaining repayments [...]

show full description