[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 661 Introduced in House (IH)]

114th CONGRESS
  1st Session
                                H. R. 661

  To terminate the Economic Development Administration, and for other 
                               purposes.


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                    IN THE HOUSE OF REPRESENTATIVES

                            February 2, 2015

    Mr. Pompeo (for himself, Mr. McClintock, and Mr. Westmoreland) 
 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

_______________________________________________________________________

                                 A BILL


 
  To terminate the Economic Development Administration, and for other 
                               purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``EDA Elimination Act of 2015''.

SEC. 2. TERMINATION OF ECONOMIC DEVELOPMENT ADMINISTRATION.

    (a) Termination.--The Economic Development Administration is 
terminated.
    (b) Repeal.--The Public Works and Economic Development Act of 1965 
(42 U.S.C. 3121 et seq.) is repealed.
    (c) Conclusion of Business.--The Secretary of Commerce shall take 
such actions as may be necessary and appropriate to conclude the 
outstanding affairs of the Economic Development Administration, 
including dispositions of personnel, assets, and obligations.
    (d) Limitation on Statutory Construction.--This section may not be 
construed to prevent the expenditure of any funds received before the 
effective date of this Act. Such funds shall be subject to the laws and 
regulations that would have applied to the funds if this section had 
not been enacted.

SEC. 3. EFFECTIVE DATE.

    This Act shall take effect on the first day of the first fiscal 
year beginning after the date of enactment of this Act.
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