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Committee on Transportation and InfrastructureCommittee on Financial ServicesIntroducedNovember 15th, 2013
- house Committees
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Restarting Local Economies Act of 2013
To amend the Public Works and Economic Development Act of 1965 with respect to grants for economic adjustment, and for other purposes.
Restarting Local Economies Act of 2013 - Amends the Public Works and Economic Development Act of 1965 to: (1) authorize the use of grants for economic adjustment for activities identified by communities, the economies of which are injured by the closure of a local government entity that had an economic development mission and left obligations related to economic development projects unfulfilled when closed; and (2) authorize the Secretary of Commerce to increase the federal share for a grant to up to 100% of the cost of a project that assists such a community.