Sec. 2. Findings
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Section 2(a) of the Public Works and Economic Development Act of 1965 ( 42 U.S.C. 3121(a) ) is amended— in paragraph (5), by striking and at the end; in paragraph (6), by striking the period at the end and inserting ; and ; and by adding at the end the following: economic development in Tribal nations, States, cities, and rural areas of the United States can be best promoted by assisting communities and regions in developing and implementing cluster-based regional economic and innovation strategies that strengthen critical domestic supply chains, including by promoting industrial site development or expansion projects for the purposes of— reshoring companies to the United States; and incentivizing greenfield foreign direct investments by companies headquartered outside the United States. .
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U.S. Code