GREATER Revitalization of Shopping Centers Act of 2023

Hozzl · 2024-03-11T19:03:23Z

Explore the details of Senate Bill 1533 GREATER Revitalization of Shopping Centers Act of 2023 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Housing and Community Development. Stay informed on legislative developments.

3/11/2024, 7:03 PM

Summary of Bill S 1533

The GREATER Revitalization of Shopping Centers Act of 2023, also known as Bill 118 s 1533, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to provide support and resources for the revitalization of shopping centers across the country.

The bill includes provisions for grants and loans to help shopping centers update their infrastructure, improve security measures, and attract new businesses. It also aims to promote economic development in communities by encouraging the creation of new jobs and increasing consumer spending.

Additionally, the GREATER Revitalization of Shopping Centers Act of 2023 includes measures to address environmental concerns, such as promoting energy efficiency and sustainability in shopping center operations. Overall, this bill seeks to revitalize shopping centers as important hubs of economic activity and community engagement. It is currently being debated in Congress, with supporters arguing that it will help stimulate local economies and create opportunities for growth.

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Current Status of Bill S 1533

Bill S 1533 is currently in the status of Bill Introduced since May 10, 2023. Bill S 1533 was introduced during Congress 118 and was introduced to the Senate on May 10, 2023. Bill S 1533's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of May 10, 2023

Bipartisan Support of Bill S 1533

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 S 1533

Primary Policy Focus

Housing and Community Development

Alternate Title(s) of Bill S 1533

GREATER Revitalization of Shopping Centers Act of 2023

Grayfield Redevelopment and Economic Advancement Through Effective Repurposing and Revitalization of Shopping Centers Act of 2023

A bill to amend the Housing and Community Development Act of 1974 to authorize grants to assist in redeveloping abandoned shopping centers, and for other purposes.