Wabeno Economic Development Act of 2024

Hozzl · 2024-12-16T20:36:25Z

Explore the details of House Bill 7072 Wabeno Economic Development Act of 2024 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Public Lands and Natural Resources. Stay informed on legislative developments.

12/16/2024, 8:36 PM

Summary of Bill HR 7072

Bill 118 hr 7072, also known as the Wabeno Economic Development Act of 2024, is a piece of legislation introduced in the US Congress with the aim of promoting economic growth and development in the town of Wabeno, Wisconsin. The bill focuses on providing funding and resources to support small businesses, create job opportunities, and improve infrastructure in the area.

One of the key provisions of the bill is the establishment of a grant program to assist local businesses in Wabeno with access to capital and technical assistance. This program aims to help small businesses grow and thrive, ultimately contributing to the overall economic prosperity of the town.

Additionally, the Wabeno Economic Development Act of 2024 includes funding for infrastructure projects such as road improvements, broadband expansion, and public transportation enhancements. These investments are intended to make Wabeno a more attractive place for businesses to operate and for residents to live, ultimately boosting the local economy. Overall, the bill seeks to address the economic challenges facing Wabeno and create opportunities for growth and development in the town. By providing support for small businesses and investing in infrastructure, the Wabeno Economic Development Act of 2024 aims to stimulate economic activity and improve the quality of life for residents in the area.

Congressional Summary of HR 7072

Wabeno Economic Development Act of 2024

This bill requires the Forest Service to convey approximately 14 acres of federal land in the Chequamegon-Nicolet National Forest, Wisconsin, to Tony's Wabeno Redi-Mix, LLC, upon receiving an offer to buy the land for market value.

The Forest Service must complete an appraisal to determine the market value of the land, and the offer must be received no later than 180 days after approval for such appraisal. Tony's Wabeno Redi-Mix, LLC, shall pay an amount equal to the market value of the land and all associated costs as a condition of conveyance.

Additionally, the Department of the Interior must publish a comprehensive review of the federal permitting processes for the development of stone, sand, and gravel on federal lands.

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Current Status of Bill HR 7072

Bill HR 7072 is currently in the status of Bill Introduced since January 22, 2024. Bill HR 7072 was introduced during Congress 118 and was introduced to the House on January 22, 2024. Bill HR 7072's most recent activity was Reported (Amended) by the Committee on Natural Resources. H. Rept. 118-829, Part I. as of December 10, 2024

Bipartisan Support of Bill HR 7072

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 7072

Primary Policy Focus

Public Lands and Natural Resources

Alternate Title(s) of Bill HR 7072

Wabeno Economic Development Act of 2024Wabeno Economic Development Act of 2024To require the Secretary of Agriculture to convey certain National Forest System land in the Chequamegon-Nicolet National Forest to Tony's Wabeno Redi-Mix, LLC, and for other purposes.

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Sponsors and Cosponsors of HR 7072

Thomas P. Tiffany

Wisconsin(Republican)

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