Sec. 302. Economic development grant programs
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The Appalachian Regional Commission established by section 14301(a) of title 40, United States Code (referred to in this subsection as the Commission ), shall award grants to eligible counties to support economic development planning and implementation activities in those counties, including— developing entrepreneurial ecosystems; facilitating access to capital investments and new markets; and addressing barriers relating to adequate water, sewer, and telecommunications infrastructure.
In carrying out this subsection, the Commission may issue such regulations and guidance to carry out this subsection as the Commission determines to be necessary. There is authorized to be appropriated to the Commission to carry out this subsection $40,000,000 for each of fiscal years 2016 through 2025. The Assistant Secretary of Commerce for Economic Development (referred to in this subsection as the Assistant Secretary ) shall— advance and coordinate regional place-based innovation efforts for the Federal Government; and provide planning and coordination assistance to eligible counties and other Federal agencies to assist in economic development activities under this title.
In carrying out this subsection, the Assistant Secretary may issue such regulations and guidance to carry out this subsection as the Assistant Secretary determines to be necessary. There is authorized to be appropriated to the Assistant Secretary to carry out this subsection $10,000,000 for each of fiscal years 2016 through 2025. The Director of the Office of Surface Mining Reclamation and Enforcement (referred to in this subsection as the Director ) shall award grants to eligible counties for activities relating to the reclamation of abandoned coal mine land sites and associated polluted waters.
The purpose of the grant program under this subsection is to promote sustainable redevelopment in eligible counties. The Director shall award grants based on economic factors, including— the unemployment rate in the eligible county; the amount and severity of problems in the eligible county relating to abandoned coal mine land and water problems; and whether, in the determination of the Director, reclamation activities to promote economic development would assist the eligible county.
In consultation with States, Indian tribes (as that term is defined in section 4 of the Indian Self-Determination and Education Assistance Act ( 25 U.S.C. 450b )), and other stakeholders, the Director may issue such regulations and guidance to carry out this subsection as the Director determines to be necessary. There is authorized to be appropriated to the Director to carry out this subsection $250,000,000 for each of fiscal years 2016 through 2025.
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Sec. 302
Economic development grant programs
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