Summary of Bill S 1892
The Promoting Utilization and Economic Benefits from Land Optimization (PUEBLO) Act, also known as Bill 118 s 1892, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to promote the efficient use of land in order to maximize economic benefits for the country.
The PUEBLO Act aims to achieve this goal by encouraging the development of underutilized or vacant land in both urban and rural areas. The bill proposes various measures to incentivize landowners and developers to invest in these properties, such as tax breaks, grants, and other financial incentives.
Additionally, the PUEBLO Act includes provisions to streamline the permitting and approval process for land development projects, in order to reduce bureaucratic hurdles and encourage more efficient use of land resources. The bill also emphasizes the importance of sustainable development practices, such as conservation and environmental protection, to ensure that economic benefits are balanced with environmental stewardship.
Overall, the PUEBLO Act seeks to promote economic growth and job creation through the responsible and efficient use of land resources. Supporters of the bill argue that it will help revitalize struggling communities, create new opportunities for businesses and residents, and contribute to overall economic prosperity in the United States.
Congressional Summary of S 1892
Promoting Utilization and Economic Benefits from Land Optimization (PUEBLO) Act
This bill requires the Department of the Army to close Pueblo Chemical Depot in Pueblo County, Colorado, not later than one year after the completion of the chemical demilitarization mission in accordance with the Chemical Weapons Convention Treaty. The Department of the Army must carry out the closure and related property management and disposal of the depot in accordance with the Defense Base Closure and Realignment Act of 1990.
The bill authorizes the Office of Local Defense Community Cooperation within the Department of Defense to make grants and supplement other federal funds to support closure and reuse activities of the depot.