7 USC § 2009bb–7 - Program development criteria
(a)
In general
In considering programs and projects to be provided assistance under this subchapter, and in establishing a priority ranking of the requests for assistance provided to the Authority, the Authority shall follow procedures that ensure, to the maximum extent practicable, consideration of—
(1)
the relationship of the project or class of projects to overall multistate or regional development;
(3)
the financial resources available to the applicants for assistance seeking to carry out the project, with emphasis on ensuring that projects are adequately financed to maximize the probability of successful economic development;
(4)
the importance of the project or class of projects in relation to other projects or classes of projects that may be in competition for the same funds;
(b)
No relocation assistance
No financial assistance authorized by this subchapter shall be used to assist a person or entity in relocating from one area to another, except that financial assistance may be used as otherwise authorized by this chapter to attract businesses from outside the region to the region.
(c)
Maintenance of effort
Funds may be provided for a program or project in a State under this subchapter only if the Authority determines that the level of Federal or State financial assistance provided under a law other than this subchapter, for the same type of program or project in the same area of the State within the region, will not be reduced as a result of funds made available by this subchapter.
(a)
In general
In considering programs and projects to be provided assistance under this subchapter, and in establishing a priority ranking of the requests for assistance provided to the Authority, the Authority shall follow procedures that ensure, to the maximum extent practicable, consideration of—
(1)
the relationship of the project or class of projects to overall multistate or regional development;
(3)
the financial resources available to the applicants for assistance seeking to carry out the project, with emphasis on ensuring that projects are adequately financed to maximize the probability of successful economic development;
(4)
the importance of the project or class of projects in relation to other projects or classes of projects that may be in competition for the same funds;
(b)
No relocation assistance
No financial assistance authorized by this subchapter shall be used to assist a person or entity in relocating from one area to another, except that financial assistance may be used as otherwise authorized by this chapter to attract businesses from outside the region to the region.
(c)
Maintenance of effort
Funds may be provided for a program or project in a State under this subchapter only if the Authority determines that the level of Federal or State financial assistance provided under a law other than this subchapter, for the same type of program or project in the same area of the State within the region, will not be reduced as a result of funds made available by this subchapter.
Source
(Pub. L. 87–128, title III, § 383I, formerly § 383H, as added Pub. L. 107–171, title VI, § 6028,May 13, 2002, 116 Stat. 385; renumbered § 383I and amended Pub. L. 110–234, title VI, § 6026(c)(1)(A), (i),May 22, 2008, 122 Stat. 1178, 1181, and Pub. L. 110–246, § 4(a), title VI, § 6026(c)(1)(A), (i),June 18, 2008, 122 Stat. 1664, 1940, 1943.)
References in Text
For definition of “this chapter”, referred to in subsec. (b), see note set out under section
1921 of this title.
Codification
Pub. L. 110–234and Pub. L. 110–246made identical amendments to this section. The amendments by Pub. L. 110–234were repealed by section 4(a) ofPub. L. 110–246.
Prior Provisions
A prior section 383I ofPub. L. 87–128, title III, was renumbered section
383J and is classified to section
2009bb–8 of this title.
Amendments
2008—Subsec. (a)(1). Pub. L. 110–246, § 6026(i), inserted “multistate or” before “regional”.
Effective Date of 2008 Amendment
Amendment of this section and repeal of Pub. L. 110–234by Pub. L. 110–246effective May 22, 2008, the date of enactment of Pub. L. 110–234, see section 4 ofPub. L. 110–246, set out as an Effective Date note under section
8701 of this title.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Wednesday, May 29, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.
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