Skip to main content
S 23 107th Congress Senate Housing and Community Development Administrative procedure Air pollution control American economic assistance American military assistance Armed Forces and National Security Arms sales Authorization Block grants Brownfields Business income tax Business losses Capital gains tax Commerce Congress Congressional investigations Congressional reporting requirements Cost effectiveness Depressed areas Economic impact statements

New Urban Agenda Act of 2001

Introduced: January 22, 2001 See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 22, 2001
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S264-269)
Jan 22, 2001
Sponsor introductory remarks on measure. (CR S261-264)
Jan 22, 2001
Introduced in Senate
 Plain-English summary Congressional Research Service
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.

What's happening now January 22, 2001

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

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1