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HR 4666 111th Congress House Economics and Public Finance Economic development

Cluster-Based Economy Enhancement Act of 2010

Introduced: February 23, 2010 See on congress.gov
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 24, 2010
Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Feb 23, 2010
Referred to House Financial Services
Feb 23, 2010
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 23, 2010
Referred to House Transportation and Infrastructure
Feb 23, 2010
Introduced in House
 Plain-English summary Congressional Research Service

Cluster-Based Economy Enhancement Act of 2010 - Amends the Public Works and Economic Development Act of 1965 to authorize the Secretary of Commerce to make block grants to a state or local government, an institution of higher education, or a nonprofit economic development organization to: (1) assess the potential for the development or enhancement of business clusters (geographic concentrations of business entities that are competing, complementary, or interdependent firms and industries, that do business with one another, and that have common needs for talent, technology, and infrastructure); (2) establish cluster development programs in specified regions of the United States; and (3) promote cluster development programs in such regions and support the staff who operate such programs.

Permits a recipient of grant funds to use the funds to provide assistance for startup costs, worker training, relocation costs, planning, and other projects identified by the recipient that are consistent with the purposes of this Act.

Limits: (1) the federal share of the cost of projects carried out using funds authorized by this Act to 50%; and (2) the portion of the non-federal share of project costs that may be provided through in-kind contributions to 50%.

What's happening now February 24, 2010

Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.

 Committees of jurisdiction 3