$400,000,000 for economic development assistance
What the document says“For economic development assistance as provided by the Public Works and Economic Development Act of 1965, including provision of assistance under section 207(b) of such Act, for trade adjustment assistance, and for programs authorized by the Stevenson-Wydler Technology Innovation Act of 1980, as amended, $400,000,000 to remain available until expended”
The appropriation for the Economic Development Administration's assistance programs. The money remains available until spent, and the account paragraph directs that it be used for the purposes and in the amounts specified in a table titled Economic Development Assistance Programs in the explanatory statement described in section 4. A further $66,000,000 is appropriated separately for administering these programs.
What the document actually says“For economic development assistance as provided by the Public Works and Economic Development Act of 1965, including provision of assistance under section 207(b) of such Act, for trade adjustment assistance, and for programs authorized by the Stevenson-Wydler Technology Innovation Act of 1980, as amended, $400,000,000 to remain available until expended”
This gives $400,000,000 in aid for local growth. It has no end date. A table in the report says how to split it up.
This agency gives grants to towns and regions. The grants pay for roads, water lines and job training. A separate $66,000,000 pays the staff who run the grants.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.