New Urban Agenda Act of 2001

Summary

New Urban Agenda Act of 2001 - Amends the Office of Federal Procurement Policy Act to establish executive agency purchase requirements, including recycled products, for businesses located in empowerment zones or enterprise communities. Requires specified amounts of foreign assistance to be in the form of credits for the purchase of goods produced in such zones and communities. Directs the Secretary of Commerce to provide assistance preference to Manufacturing Technology Outreach Centers located in such zones and communities. Establishes a preference for Federal facility construction or relocation in distressed urban areas. Amends the Internal Revenue Code to provide specified tax incentives to stimulate urban development, including provisions respecting: (1) rehabilitation credit treatment; (2) tax-exempt commercial development bonds; (3) small issue bonds; (4) arbitrage interest rebate waiver; (5) residential rental project bonds; and (6) the targeted jobs tax credit. Allows a home buyer tax credit for principal residence purchases in such zones or communities. Directs the Secretary of Housing and Urban Development to study the feasibility of consolidating public and low-income housing programs into a comprehensive block grant system. Amends the Cranston-Gonzalez National Affordable Housing Act and the Housing and Community Development Act, respectively, to make home ownership assistance available to qualifying municipal employees and teachers. Amends the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to establish a Brownfield program in the Environmental Protection Agency.

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Timeline

1. 22 January 2001

   Introduced

   Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S264-269)

   Source: IntroReferral

2. 22 January 2001

   Introduced

   Sponsor introductory remarks on measure. (CR S261-264)

   Source: IntroReferral

3. 22 January 2001

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 22 January 2001 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 22 January 2001

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 22 January 2001

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 22 January 2001

  Open at official source

Sponsors

• Sen. Specter, Arlen [R-PA] · R · Sponsor
• Richard Durbin · D · Cosponsor
• · ssfi00 · Standing

Related records

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