§15303 — Title 40 Public Buildings, Property, and Works | U.S. Code

Summary

The Commission must study what the region needs and what resources it already has. It must use research, projects, and reports from federal, state, and local agencies, universities, local development districts, and nonprofit groups. It must make ongoing, coordinated plans for economic and infrastructure development to set priorities and approve grants, taking other federal, state, and local planning into account. No later than one year after this section was enacted, and after considering State plans made under section 15502, the Commission must set priorities in a regional plan that includes 5-year outcome targets. It must also strengthen or help create local development districts, encourage private investment, assist States with planning, recommend interstate (and when needed international) cooperation to Governors and legislatures, and work with state and local agencies to draft model laws to boost regional economic development.

Title 40, §15303

Public Buildings, Property, and Works — Source: USLM XML via OLRC

A Commission shall—

(1)assess the needs and assets of its region based on available research, demonstration projects, investigations, assessments, and evaluations of the region prepared by Federal, State, and local agencies, universities, local development districts, and other nonprofit groups;

(2)develop, on a continuing basis, comprehensive and coordinated economic and infrastructure development strategies to establish priorities and approve grants for the economic development of its region, giving due consideration to other Federal, State, and local planning and development activities in the region;

(3)not later than one year after the date of the enactment of this section, and after taking into account State plans developed under section 15502, establish priorities in an economic and infrastructure development plan for its region, including 5-year regional outcome targets;

(4)(A)enhance the capacity of, and provide support for, local development districts in its region; or

(B)if no local development district exists in an area in a participating State in the region, foster the creation of a local development district;

(5)encourage private investment in industrial, commercial, and other economic development projects in its region;

(6)cooperate with and assist State governments with the preparation of economic and infrastructure development plans and programs for participating States;

(7)formulate and recommend to the Governors and legislatures of States that participate in the Commission forms of interstate cooperation and, where appropriate, international cooperation; and

(8)work with State and local agencies in developing appropriate model legislation to enhance local and regional economic development.

Notes & Related Subsidiaries

Editorial Notes

References in Text

The date of the enactment of this section, referred to in par. (3), is the date of enactment of Pub. L. 110–246, which was approved June 18, 2008. Codification Pub. L. 110–234 and Pub. L. 110–246 enacted identical sections. Pub. L. 110–234 was repealed by section 4(a) of Pub. L. 110–246.

Statutory Notes and Related Subsidiaries

Effective Date

Section effective on the first day of the first fiscal year beginning after June 18, 2008, see section 14217(d) of Pub. L. 110–246, set out as a note under section 15101 of this title.

§15303 Functions