H.R.4711 - Community Economic Adjustment Act of 2000106th Congress (1999-2000)
|Sponsor:||Rep. Larson, John B. [D-CT-1] (Introduced 06/21/2000)|
|Committees:||House - Transportation and Infrastructure; Banking and Financial Services|
|Latest Action:||07/20/2000 Referred to the Subcommittee on Housing and Community Opportunity.|
This bill has the status Introduced
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Subject — Policy Area:
- Economics and Public Finance
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Summary: H.R.4711 — 106th Congress (1999-2000)All Bill Information (Except Text)
Community Economic Adjustment Act of 2000 - Authorizes the Secretary of Commerce to establish in the Economic Development Administration (EDA) an Office of Community Economic Adjustment to coordinate the Federal Government's response to communities experiencing sudden economic distress caused by a loss of jobs due to plant closures, significant layoffs, or significant relocation of jobs to other communities for any reason, including shifting patterns in international trade, natural disasters, or other problems, by: (1) identifying relevant programs and resources to ensure that communities are aware of all available Federal resources that complement or support state and local resources and programs; (2) working with specified departments and agencies to ensure that communities receive Federal assistance in a targeted, integrated manner; and (3) assigning a project manager to work with an affected community. Directs such Office to: (1) provide technical assistance, planning grants, and other assistance to help communities organize themselves, develop, and carry out economic adjustment strategies for replacing industry and jobs that have been lost or are threatened by the economic downturn; and (2) help eligible applicants in completing applications for other assistance that may be useful in alleviating the economic distress in such communities.
Introduced in House (06/21/2000)
Authorizes appropriations for FY 2001 through 2005 for community adjustment assistance under the economic adjustment program of the EDA, including specified amounts for such Office and for communities successfully completing planning grants to implement their approved plans.