Economic Development Reauthorization Act of 2024

Hozzl · 2024-10-02T19:09:48Z

Explore the details of Senate Bill 3891 Economic Development Reauthorization Act of 2024 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Transportation and Public Works. Stay informed on legislative developments.

10/2/2024, 7:09 PM

Summary of Bill S 3891

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, streamline regulations to reduce barriers to economic growth, and promote sustainable development practices. Overall, this bill seeks to bolster the US economy by investing in key 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 provisions before it can be passed into law.

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Current Status of Bill S 3891

Bill S 3891 is currently in the status of Bill Introduced since March 7, 2024. Bill S 3891 was introduced during Congress 118 and was introduced to the Senate on March 7, 2024. Bill S 3891's most recent activity was By Senator Carper from Committee on Environment and Public Works filed written report. Report No. 118-233. as of September 25, 2024

Bipartisan Support of Bill S 3891

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 3891

Primary Policy Focus

Transportation and Public Works

Potential Impact Areas

- 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

Alternate Title(s) of Bill S 3891

Economic Development Reauthorization Act of 2024

A 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.