Sec. 110009. Economic Development Administration
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In addition to amounts otherwise available, there is appropriated for fiscal year 2022, out of any money in the Treasury not otherwise appropriated, $3,360,000,000, to remain available until September 30, 2031, to the Secretary of Commerce (referred to in this section as the Secretary ) for grants under section 209 (except for assistance authorized by section 209(c)(1)) of the Public Works and Economic Development Act of 1965 ( 42 U.S.C. 3149 ) to develop regional economic growth clusters, including grants for technical assistance, planning, and predevelopment activities, subject to the condition that sections 204 and 301 of such Act (42 U.S.C. 3144 and 3161) shall not apply to grants made with amounts made available under this subsection.
In addition to amounts otherwise available, there is appropriated for fiscal year 2022, out of any money in the Treasury not otherwise appropriated, $1,200,000,000, to remain available until September 30, 2031, to the Secretary of Commerce for economic adjustment assistance as authorized by section 209 (except for assistance authorized by section 209(c)(1)) of the Public Works and Economic Development Act of 1965 ( 42 U.S.C. 3149 ) to provide grants to eligible recipients (as defined in section 3 of such Act) to alleviate economic distress and support long-term comprehensive economic development and job creation in persistently distressed local labor markets and local communities, except that sections 204 and 301 of such Act (42 U.S.C. 3144 and 3161) shall be inapplicable to such grants.
As a condition of receipt of a grant described under paragraph (1), an eligible recipient shall submit a comprehensive 10-year economic development plan for approval by the Secretary that includes— proposed programs and activities to be carried out with a grant awarded under this subsection to address the economic challenges of the local labor market or local community in a manner that promotes long-term, sustained economic growth, quality job creation, and local prime-age employment growth; projected costs, annual expenditures, and a proposed grant disbursement schedule; and other local economic information and periodic benchmarking criteria as the Secretary determines appropriate.
In determining the maximum amount of a grant that may be awarded under paragraph
(1)for the purposes of implementing and carrying out the programs and activities identified in an approved recompete plan described in paragraph (2), the Secretary shall use the product obtained by multiplying— the difference in the prime-age employment rate between the United States and the local labor market or local community; the prime-age population of the local labor market or local community; and either— $70,585 for local labor markets with a prime-age employment rate not less than 2.5 percent below the United States; or $53,600 for local communities with a prime-age employment rate not less than 5 percent below the United States. In this subsection: The term local labor market means any of the following areas that contains 1 or more recipients eligible under paragraph (1): A metropolitan statistical area or micropolitan statistical area, excluding any area described in clause (iii). A commuting zone, excluding any areas described in clauses
(i)and (iii). Tribal land subject to the jurisdiction of an Indian Tribe. The term local community means the area served by a unit of general local government that is located within, but does not cover the entire area of, a local labor market that does not meet the criteria described in paragraph (3)(C)(i). In addition to amounts otherwise available, there is appropriated for fiscal year 2022, out of any money in the Treasury not otherwise appropriated, $240,000,000, to remain available until September 30, 2027, to the Secretary of Commerce for economic adjustment assistance as authorized by section 209 (except for assistance authorized by section 209(c)(1)) of the Public Works and Economic Development Act of 1965 ( 42 U.S.C. 3149 ) to provide assistance, including grants for technical assistance, planning, and predevelopment activities, to energy and industrial transition communities, including oil, gas, coal, nuclear, and biomass transition communities, and manufacturing transition communities. In addition to amounts otherwise available, there is appropriated for fiscal year 2022, out of any money in the Treasury not otherwise appropriated, $240,000,000, to remain available until September 30, 2027, to the Secretary of Commerce for economic adjustment assistance as authorized by section 209 (except for assistance authorized by section 209(c)(1)) of the Public Works and Economic Development Act of 1965 ( 42 U.S.C. 3149 ) to provide grants for technical assistance, project predevelopment, and capacity building activities, including activities relating to the writing of grant applications (consistent with section 213 of the Public Works and Economic Development Act of 1965 ( 42 U.S.C. 3153 )) and stipends to local community organizations for planning participation, community outreach and engagement activities, subject to the conditions that— sections 204 and 301 of such Act shall not apply to grants made with amounts made available under this subsection; and not less than 50 percent of the amounts made available under this subsection shall be for activities that are carried out in underserved communities. In addition to amounts otherwise available, there is appropriated for fiscal year 2022, out of any money in the Treasury not otherwise appropriated, $210,000,000, to remain available until September 30, 2031, for the administrative expenses of carrying out this section.
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