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Full Text of this Amendment

SA 448. Mr. COBURN submitted an amendment intended to be proposed by him to the bill S. 782, to amend the Public Works and Economic Development Act of 1965 to reauthorize that Act, and for other purposes; which was ordered to lie on the table; as follows:

Strike all after the enacting clause and insert the following:
SECTION 1. INCORPORATION OF ECONOMIC DEVELOPMENT ADMINISTRATION INTO HUD COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM.
(a) Termination of Authority.--As soon as practicable after the date of enactment of this Act, the President shall establish a plan providing for--
(1) the termination of the Economic Development Administration; and
(2) except as provided in subsection (b), the transfer of all functions, duties, and authorities of the Economic Development Administration to the Department of Housing and Urban Development Community Development Block Grant program established under title I of the Housing and Community Development Act of 1974 (42 U.S.C. 5301 et seq.).
(b) Limitation.--Notwithstanding subsection (a)(2), on termination of the Economic Development Administration under subsection (a)(1)--
(1) all functions, duties, and authorities of the Economic Development Administration with respect to the Global Climate Change Mitigation Incentive Fund of the Department of Commerce; and
(2) the functions, duties, and authorities described in paragraph (1) shall not be transferred to the Department of Housing and Urban Development Community Development Block Grant program.


(As printed in the Congressional Record for the Senate on Jun 9, 2011.)