7 U.S. Code § 2009dd - Purpose
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The purpose of this subchapter is to establish a regional rural collaborative investment program—
(1) to provide rural regions with a flexible investment vehicle, allowing for local control with Federal oversight, assistance, and accountability;
(2) to provide rural regions with incentives and resources to develop and implement comprehensive strategies for achieving regional competitiveness, innovation, and prosperity;
(3) to foster multisector community and economic development collaborations that will optimize the asset-based competitive advantages of rural regions with particular emphasis on innovation, entrepreneurship, and the creation of quality jobs;
(4) to foster collaborations necessary to provide the professional technical expertise, institutional capacity, and economies of scale that are essential for the long-term competitiveness of rural regions; and
Source(Pub. L. 87–128, title III, § 385A, as added Pub. L. 107–171, title VI, § 6030,May 13, 2002, 116 Stat. 402; amended Pub. L. 110–234, title VI, § 6028,May 22, 2008, 122 Stat. 1183; Pub. L. 110–246, § 4(a), title VI, § 6028,June 18, 2008, 122 Stat. 1664, 1944.)
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 L. 110–234were repealed by section 4(a) ofPub.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.
2008—Pub. L. 110–246, § 6028, amended section generally. Prior to amendment, section related to purpose of this subchapter.
Effective Date of 2008 Amendment