University Centers for Growth, Development, and Prosperity Act of 2022

Hozzl · 2022-12-29T16:48:36Z

Explore the details of Senate Bill 4247 University Centers for Growth, Development, and Prosperity Act of 2022 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

12/29/2022, 4:48 PM

Congressional Summary of S 4247

University Centers for Growth, Development, and Prosperity Act of 2022

This bill requires the Economic Development Administration (EDA) to establish in each state a university center at an institution of higher education that must, to the extent possible, collaborate with economic development districts, provide technical assistance and business development services to area businesses, and conduct research and analysis relating to economic development. In selecting such centers, the EDA must prioritize Historically Black Colleges and Universities, Tribal Colleges and Universities, Hispanic-Serving Institutions, and other minority-serving institutions.

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Current Status of Bill S 4247

Bill S 4247 is currently in the status of Bill Introduced since May 18, 2022. Bill S 4247 was introduced during Congress 117 and was introduced to the Senate on May 18, 2022. Bill S 4247's most recent activity was Read twice and referred to the Committee on Environment and Public Works. (Sponsor introductory remarks on measure: CR S2588) as of May 18, 2022

Bipartisan Support of Bill S 4247

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 4247

Primary Policy Focus

Commerce

Alternate Title(s) of Bill S 4247

University Centers for Growth, Development, and Prosperity Act of 2022

A bill to amend the Public Works and Economic Development Act of 1965 to establish university centers to encourage certain economic development, and for other purposes.