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United States · Law · S

S. 1330 (98th)

An act to establish a National Council on Public Works Improvement to prepare three annual reports on the state of the Nation's infrastructure, to amend the provisions of title 31, United States Code, relating to the President's budget to require it to separately identify and summarize the capital investment expenditures of the United States, and for other purposes.

enactedUnited States· United States Congress· EN

Introduced

19 May 1983

Last action

Status

Became Public Law No: 98-501.

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Source updated

4 February 2025

Summary

Public Capital Investment Act of 1983 - Title I: Public Capital Investment - Authorizes the Secretary of the Army, acting through the Chief of Engineers, to make grants to any State for the purpose of the construction or rehabilitation of public capital investment projects. Authorizes any State to submit to the Secretary an application for a public investment grant under this Act. Sets forth the requirements for such applications. Requires the Secretary to approve such an application upon finding that the State has met the necessary requirements. Provides that such a State shall receive annual grants under this Act, provided that the Secretary does not find that such State has failed to maintain its program substantially as originally proposed. Requires the Secretary to withdraw approval of the grant where the Secretary finds that a State is failing to maintain its original program. Authorizes the use of grant funds by a State for use as loans to local governments for the purpose of public capital investment. Authorizes the use of grant funds by two or more States for the construction and rehabilitation of public capital investments of a regional character. Sets forth the method for allocating funds under this Act to the individual States. Specifies the procedures for the return of grant funds if either an application is not received or an application is not approved. Requires Federal agencies to expeditiously review and act on any permit necessary for the repair or rehabilitation of any public capital investment undertaken by a non-Federal public body. Requires the Secretary to develop and publish criteria and information on techniques for establishing inventories of existing and needed capital improvements. Requires the Secretary to allocate a specified amount to support research and development activities to augment the cost-effectiveness of national public capital investments. Requires the Secretary to report annually to Congress concerning the disbursement of funds under this title and the use of those funds by participating States. Amends the Clean Water Act to authorize States to use certain funds allotted to them for revolving loans or grants for the construction of waste water treatment works. Requires repayments of such loans to be paid to the States. Authorizes appropriations for this title for FY 1985 through 1994. Declares that the authorities for this title shall terminate on October 1, 1994. Title II: Standby Public Investment - Authorizes the Secretary of the Army, acting through the Chief of Engineers, to provide technical and planning assistance to States, local government, and Indian tribes for the development of long-range plans and programs for the construction, rehabilitation, and repair of public capital investment projects. Authorizes such entities to submit an application for a grant and to receive assistance upon a satisfactory showing of the deterioration of its public capital investment. Requires such grants to be used to develop an investment plan coordinating future investment with economic development and the creation of jobs (as well as the activities under title I of this Act). Authorizes appropriations to the Secretary to carry out such grants for FY 1984 through 1988. Establishes in the Treasury a Counter-Cyclical Trust Fund, with a balance not to exceed $2,000,000,000. Authorizes appropriations for immediate transfer to the Fund. Requires the Secretary to use Fund moneys to fulfill the purposes of this title. Authorizes the Secretary to make grants for the repair, rehabilitation, or construction of public capital investments upon the application of any State, local government, or Indian tribe. Prohibits any such grants from exceeding 75 percent of the cost of projects under this section. Lists eligible public investment projects under this title. Requires eligible projects to be contained in a State developed investment plan and to have designs, specifications, and engineering acceptable to the Secretary. States eligibility requirements for such projects, including certain economic and unemployment problems. Authorizes the Secretary to accept applications for such projects upon a determination that the Index of Total Industrial Production has declined for three consecutive months. Makes funds available under this title when the Secretary makes a certain determination concerning high civilian unemployment. Title III: General Provisions - Sets forth certain definitions. Lists the authorized powers of the Secretary of the Army, acting through the Chief of Engineers, in carrying out titles I and II of this Act. Requires the Secretary to make a comprehensive annual report to Congress of the operations under this Act. Requires recipients of grants under such titles to keep certain records and to transmit biannual reports to the Secretary. Requires that the Secretary and Comptroller General have access to all books and records of any recipient, subrecipient, contractor, or subcontractor that are pertinent to assistance under such titles.

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