S 23 · 107th Congress 2001–2003, ended

New Urban Agenda Act of 2001

Fact sheet

Latest action · Jan 22, 2001 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S264-269)

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedJan 22, 2001
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

New Urban Agenda Act of 2001 - Amends the Office of Federal Procurement Policy Act to establish executive agency purchase requirements, including recycled products, for businesses located in empowerment zones or enterprise communities.

Requires specified amounts of foreign assistance to be in the form of credits for the purchase of goods produced in such zones and communities.

Directs the Secretary of Commerce to provide assistance preference to Manufacturing Technology Outreach Centers located in such zones and communities.

Establishes a preference for Federal facility construction or relocation in distressed urban areas.

Amends the Internal Revenue Code to provide specified tax incentives to stimulate urban development, including provisions respecting: (1) rehabilitation credit treatment; (2) tax-exempt commercial development bonds; (3) small issue bonds; (4) arbitrage interest rebate waiver; (5) residential rental project bonds; and (6) the targeted jobs tax credit.

Allows a home buyer tax credit for principal residence purchases in such zones or communities.

Directs the Secretary of Housing and Urban Development to study the feasibility of consolidating public and low-income housing programs into a comprehensive block grant system.

Amends the Cranston-Gonzalez National Affordable Housing Act and the Housing and Community Development Act, respectively, to make home ownership assistance available to qualifying municipal employees and teachers.

Amends the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to establish a Brownfield program in the Environmental Protection Agency.

Cosponsors 1

Members who signed on, in the order they did. All signed on Jan 24, 2001.

SeatCosponsorSigned on
D-ILRichard J. DurbinJan 24, 2001

Actions 3

Everything that happened, newest first.

  1. Jan 22, 2001Introduced in Senate
  2. Jan 22, 2001Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S264-269)
  3. Jan 22, 2001Sponsor introductory remarks on measure. (CR S261-264)

Subjects

Assigned by the Library of Congress. Policy area: Housing and Community Development.

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.