To establish a grant program to support cluster-based economic development efforts.

Fact Sheet API

Bill Number

HR 145

Introduced

Jan 4, 2005

Latest Action

Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

Sponsor

Cosponsors

Topics

Colleges Commerce Economic research Economics and Public Finance Education Government and business Government Operations and Politics Grants-in-aid Higher education Infrastructure Nonprofit organizations Regional economic development Social Welfare

Full Text

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Votes

Summary

Amends the Public Works and Economic Development Act of 1965 to authorize the Secretary of Commerce to make grants in support of cluster-based economic development efforts in regions with low per capita income, high unemployment, or economic adjustment problems.

Limits the maximum assistance for any one region to $1 million.

Sets Federal cost sharing for projects carried out using funds authorized by this Act at 50 percent. Authorizes in-kind contributions for the non-Federal share of project costs.

Actions

Feb 23, 2005

Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.
Jan 5, 2005

Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Jan 4, 2005

Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan 4, 2005

Introduced in House

Amendments

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