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Randy Weber: Thank you, Madam Chair. The CHAIR. The Clerk will read. The Clerk read as follows: Economic Development Administration…

On the recordMay 28, 2014
Thank you, Madam Chair. The CHAIR. The Clerk will read. The Clerk read as follows: Economic Development Administration economic development assistance programs For grants for economic development assistance as provided by the Public Works and Economic Development Act of 1965, for trade adjustment assistance, for the cost of loan guarantees authorized by section 26 of the Stevenson-Wydler Technology Innovation Act of 1980 (15 U.S.C. 3721), and for grants, $210,500,000, to remain available until expended; of which $5,000,000 shall be for projects to facilitate the relocation, to the United States, of a source of employment located outside the United States; and of which $5,000,000 shall be for loan guarantees under such section 26: Provided, That the costs for loan guarantees, including the cost of modifying such loans, shall be as defined in section 502 of the Congressional Budget Act of 1974: Provided further, That these funds for loan guarantees under such section 26 are available to subsidize total loan principal, any part of which is to be guaranteed, not to exceed $70,000,000. Amendment Offered by Mr. Cicilline
Said by
Randy Weber
Republican · Texas
Source
govinfo.gov
May 28, 2014

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