By Senator Carper from Committee on Environment and Public Works filed written report. Report No. 118-233.
Bill 118 s 3891, also known as the Economic Development Reauthorization Act of 2024, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to reauthorize and update various economic development programs and initiatives in order to promote job creation, economic growth, and innovation in the United States.
The bill includes provisions to support small businesses, expand access to capital for entrepreneurs, and promote workforce development and training programs. It also aims to strengthen partnerships between the public and private sectors to spur economic development in underserved communities.
Additionally, the Economic Development Reauthorization Act of 2024 includes measures to enhance the competitiveness of American businesses in the global marketplace, improve infrastructure and transportation networks, and support research and development in key industries.
Overall, this legislation seeks to bolster the US economy by investing in critical areas of economic development and providing support for businesses and workers across the country. It is currently being debated in Congress, with lawmakers from both parties working to reach a consensus on its final form before it can be signed into law.
By Senator Carper from Committee on Environment and Public Works filed written report. Report No. 118-233.
Bill 118 s 3891, also known as the Economic Development Reauthorization Act of 2024, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to reauthorize and update various economic development programs and initiatives in order to promote job creation, economic growth, and innovation in the United States.
The bill includes provisions to support small businesses, expand access to capital for entrepreneurs, and promote workforce development and training programs. It also aims to strengthen partnerships between the public and private sectors to spur economic development in underserved communities.
Additionally, the Economic Development Reauthorization Act of 2024 includes measures to enhance the competitiveness of American businesses in the global marketplace, improve infrastructure and transportation networks, and support research and development in key industries.
Overall, this legislation seeks to bolster the US economy by investing in critical areas of economic development and providing support for businesses and workers across the country. It is currently being debated in Congress, with lawmakers from both parties working to reach a consensus on its final form before it can be signed into law.
Alternative Names
Official Title as IntroducedA bill to amend the Public Works and Economic Development Act of 1965 to update and expand Federal economic development investment in the economic recovery, resiliency, and competitiveness of communities, regions, and States across the United States, and for other purposes.
Display TitleEconomic Development Reauthorization Act of 2024
Short Title(s) as IntroducedEconomic Development Reauthorization Act of 2024
Short Title(s) as Reported to SenateEconomic Development Reauthorization Act of 2024
Official Title as IntroducedA bill to amend the Public Works and Economic Development Act of 1965 to update and expand Federal economic development investment in the economic recovery, resiliency, and competitiveness of communities, regions, and States across the United States, and for other purposes.
Policy Areas
Transportation and Public Works
Potential Impact
Administrative law and regulatory procedures•
Alaska•
Alternative and renewable resources•
Arizona•
Building construction•
Business investment and capital•
California•
Computers and information technology•
Congressional oversight•
Connecticut•
Delaware•
Delta Regional Authority•
Denali Commission•
Department of Commerce•
Economic development•
Emergency planning and evacuation•
Employment and training programs•
Government information and archives•
Government studies and investigations•
Government trust funds•
Health facilities and institutions•
Higher education•
Infrastructure development•
Internet, web applications, social media•
Manufacturing•
Maryland•
Massachusetts•
Natural disasters•
New Mexico•
Outdoor recreation•
Pennsylvania•
Public-private cooperation•
Research and development•
Rhode Island•
Rural conditions and development•
State and local government operations•
Texas
Comments
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Recent Activity
Latest Action9/25/2024
By Senator Carper from Committee on Environment and Public Works filed written report. Report No. 118-233.