New England Regional Development Act

Summary

New England Regional Development Act - Title I: The New England Regional Commission - Establishes a New England Regional Commission. Sets forth the functions of the Commission, including: (1) the initiation and coordination of long-range overall economic development programs for such region, (2) sponsoring demonstration projects designed to foster regional productivity and growth, and (3) promoting increased private investment in such region. Authorizes the Secretary of Commerce to provide technical and planning assistance to aid the Commission in carrying out its functions under this Act. Sets forth the administrative powers of the Commission. Prohibits any Member of the Commission from participating in any proceeding, application, or other matter in which he has a financial interest. Provides for a fine of up to $10,000 or imprisonment for up to two years for a violation of this provision. Title II: Administration - Authorizes the Secretary of Commerce to make grants for up to 75 percent of the administrative expenses of local development districts and for research and demonstration projects. Requires the Commission to submit to the Governor of each State in the region and to the President an annual report on the activities carried out under this Act. Title III: Appropriations and Miscellaneous Provisions - Authorizes annual appropriations of $20,000,000 to carry out the purposes of this Act.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 5 April 1973

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.