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Full Text of this Amendment
On page 5, after line 24, insert the following:
SEC. __. GRANTS FOR PUBLIC WORKS, ECONOMIC DEVELOPMENT, AND ECONOMIC ADJUSTMENT.
Section 201(b)(1)(B) of the Public Works and Economic Development Act of 1965 (42 U.S.C. 3141(b)(1)(B)) is amended by inserting "high-technology" before "employment".
On page 13, strike lines 7 through 13 and insert the following:
(3) in paragraph (4), by striking "or" after the semicolon at the end; and
(4) by striking paragraph (5) and inserting the following:
"(5) the loss of information technology, aerospace, manufacturing, natural resource-based, agricultural, or service sector jobs, for reinvesting in and diversifying the economies of the communities; or
"(6) termination of a major civilian Federal program with commercial and industrial applications, for help in reinvesting and diversifying the economies of the communities and retaining the workforce necessary for technology-focused jobs.".
On page 19, after the matter following line 2 and before line 3, insert the following:
SEC. __. ELIGIBILITY OF AREAS.
Section 301(a) of the Public Works and Economic Development Act of 1965 (42 U.S.C. 3161(a)) is amended by adding at the end the following:
"(4) CAPITAL INFRASTRUCTURE AND SKILLED WORKFORCE; CAPACITY TO USE ASSISTANCE.--The area has--
"(A) a well-developed capital infrastructure and a skilled workforce; and
"(B) the capacity to effectively use Federal assistance to increase employment in a technology-focused or manufacturing sector.".
On page 20, between lines 2 and 3, insert the following:
SEC. __. ECONOMIC DEVELOPMENT STRATEGIES OF ECONOMIC DEVELOPMENT DISTRICTS.
Section 401(a)(3) of the Public Works and Economic Development Act of 1965 (42 U.S.C. 3171(a)) is amended--
(1) by redesignating subparagraphs (A) and (B) as subparagraphs (B) and (C), respectively;
(2) by inserting before subparagraph (B) (as redesignated by paragraph (1)) the following:
"(A) contains a specific plan to increase employment in manufacturing or a field with commercial, industrial, and military applications;".
(As printed in the Congressional Record for the Senate on Jun 14, 2011.)