IB Union Calendar No. 390 111th CONGRESS 2d Session H. R. 5897 [Report No. 111–652, Part I] IN THE HOUSE OF REPRESENTATIVES July 28, 2010 Mr. Oberstar (for himself, Ms. Norton, Mr. Rahall, Mr. Filner, Ms. Eddie Bernice Johnson of Texas, Mr. Cummings, Mr. Bishop of New York, Mr. Carnahan, Ms. Hirono, Mr. Arcuri, Mr. Kagen, Ms. Richardson, Mr. Hare, and Mr. Johnson of Georgia) introduced the following bill; which was referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned September 29, 2010 Additional sponsor: Mr. Michaud September 29, 2010 Reported from the Committee on Transportation and Infrastructure with an amendment Strike out all after the enacting clause and insert the part printed in italic September 29, 2010 Committee on Financial Services discharged; committed to the Committee of the Whole House on the State of the Union and ordered to be printed For text of introduced bill, see copy of bill as introduced on July 28, 2010 A BILL To reauthorize and improve programs and activities carried out under the Public Works and Economic Development Act of 1965, and for other purposes.

1.

Short title; table of contents

(a)

Short title

This Act may be cited as the Economic Revitalization and Innovation Act of 2010. (b)

Table of contents

Sec. 1. Short title; table of contents. Sec. 2. Amendments to Public Works and Economic Development Act of 1965. Sec. 3. Findings and declarations. Sec. 4. Definitions. Title I—Economic development partnerships cooperation and coordination Sec. 101. Establishment of economic development partnerships. Sec. 102. Encouragement of certain coordination. Sec. 103. Coordination with respect to high-speed rail. Title II—Grants for public works and economic development Sec. 201. Grants for public works and economic development. Sec. 202. Grants for planning and grants for administrative expenses. Sec. 203. Cost sharing. Sec. 204. Grants for training, research, and technical assistance. Sec. 205. Financial assistance for business incubators and science and research parks. Sec. 206. Grants for economic adjustment. Sec. 207. Sustainable economic development demonstration program. Sec. 208. Job creation goals. Sec. 209. Prohibition with respect to use of assistance. Title III—Eligibility; comprehensive economic development strategies Sec. 301. Eligibility of areas. Sec. 302. Comprehensive economic development strategies. Title IV—Economic development districts Sec. 401. Designation of economic development districts. Sec. 402. Termination or modification of economic development districts. Title V—Administration Sec. 501. Consultation with other persons and agencies. Sec. 502. Performance evaluations of grant recipients. Sec. 503. Economic development representatives. Sec. 504. Limitation on certain positions. Title VI—Miscellaneous Sec. 601. Annual report to Congress. Sec. 602. Maintenance of effort. Title VII—Funding Sec. 701. General authorization of appropriations. Sec. 702. Funding for grants for planning and grants for administrative expenses. Sec. 703. Funding for financial assistance for business incubators and science and research parks. Sec. 704. Funding for sustainable economic development demonstration program. Sec. 705. Funding for grants for training, research, and technical assistance.

2.

Amendments to Public Works and Economic Development Act of 1965

Except as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed in terms of an amendment to, or a repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Public Works and Economic Development Act of 1965 (42 U.S.C. 3121 et seq.).

3.

Findings and declarations

(a)

Findings

Section 2(a) (42 U.S.C. 3121(a)) is amended to read as follows: (a)

Findings

Congress finds that— (1)sustainable economic growth in the 21st century depends upon economic development strategies that include investment in essential infrastructure that fosters innovation, entrepreneurship, and competition in the global marketplace; (2)there continue to be areas of the United States experiencing chronic high unemployment, underemployment, outmigration, and low per capita income, as well as areas facing sudden and severe economic dislocations due to structural economic changes, increasing international competition, certain Federal actions (including defense-related facility closures and realignment and actions required to counteract the depletion of natural resources), and natural disasters; (3)the goal of Federal economic development programs is to raise the standard of living for all citizens and increase the wealth and overall rate of growth of the economy by encouraging regions and communities to develop a more competitive and diversified economic base, including by— (A)expanding economic opportunities, increasing international competitiveness, and creating a climate supportive of job creation and business development; (B)creating an environment that promotes public infrastructure investments that maximize sustainable development practices; (C)promoting private sector job creation through increased innovation, productivity, and entrepreneurship; and (D)empowering local and regional communities experiencing chronic high unemployment, underemployment, outmigration, and low per capita income to develop private sector business and attract increased domestic and foreign private sector capital investment, including through the location of information technology, agribusiness, alternative energy, manufacturing, and bioscience jobs in the United States and the relocation of such jobs to the United States; (4)economic growth in the States, including in both cities and rural areas, can best be promoted by helping communities invest in regional strategies that build upon unique competitive advantages and are designed to foster innovation and entrepreneurship in all segments of the community’s economy; (5)while economic development is an inherently local process, the Federal Government should work in partnership with public and private organizations at the State, regional, tribal, and local levels to maximize the impact of existing resources and enable regions, communities, and citizens to participate more fully in the American dream and national prosperity; (6)in order to avoid duplication of effort and achieve meaningful, long-lasting results, Federal, State, tribal, and local economic development activities should have a clear focus, improved coordination, a comprehensive approach, and simplified and consistent requirements; and (7)Federal economic development efforts will be more effective if the efforts are coordinated with, and build upon, the trade, workforce investment, higher education, transportation, energy, environmental protection, and technology programs of the United States.. (b)

Declarations

Section 2(b) (42 U.S.C. 3121(b)) is amended to read as follows: (b)

Declarations

In order to promote a strong and growing economy throughout the United States, Congress declares that— (1)assistance under this Act should be made available to distressed communities in both rural and urban areas; (2)local communities should work in partnership with neighboring communities, economic development districts, States, Indian tribes, institutions of higher education, national security laboratories, the private sector, and the Federal Government to increase the capacity of those local communities to develop and implement comprehensive economic development strategies to alleviate economic distress and enhance competitiveness in the global economy, including national security laboratories; (3)whether suffering from long-term distress or a sudden dislocation, distressed communities should be encouraged to take affirmative steps to promote innovation and entrepreneurship, including through the formation of business incubators, to help create higher skill, higher wage jobs and foster the participation of those distressed communities in the global marketplace; (4)assistance under this Act should be made available to promote sustainable economic development practices, to assist communities with the productive reuse of abandoned industrial facilities and the redevelopment of brownfields, and to leverage significant Federal investments in high-speed rail corridors and other transportation infrastructure; and (5)research assistance under this Act should help regions across the United States leverage the economic assets of those regions in a comprehensive manner and should enhance the Economic Development Administration’s ability to provide an economic development framework to assist distressed communities and regions, with particular emphasis on revitalizing the manufacturing, agribusiness, and bioscience industries and the linkages between urban and rural communities..

4.

Definitions

Section 3(8) (42 U.S.C. 3122(8)) is amended— (1)in subparagraph (C) by striking and at the end; (2)in subparagraph (D) by striking the period at the end and inserting a semicolon; and (3)by adding at the end the following: (E)the Southeast Crescent Regional Commission established under section 15301(a) of title 40, United States Code; (F)the Northern Border Regional Commission established under section 15301(a) of title 40, United States Code; and (G)the Southwest Border Regional Commission established under section 15301(a) of title 40, United States Code..

September 29, 2010 Reported from the Committee on Transportation and Infrastructure with an amendment September 29, 2010 Committee on Financial Services discharged; committed to the Committee of the Whole House on the State of the Union and ordered to be printed