,i #aac? ,,congress #b;d ,session ,h4 ,r4 #cief ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,janu>y #bh1 #bjad,ms4 ,kelly ( ,ill9ois introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,small ,bus9ess ,a ,,bill ,to am5d ! ,small ,bus9ess ,inve/m5t ,act ( #aieh to au?orize ! ,small ,bus9ess ,adm9i/rator to make grants = economic gr[?1 bus9ess ret5tion & bus9ess recruitm5t to economically und]s]v$ communities4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,community ,inve/m5t & ,emp[]m5t ,act4 #b4 ,purpose ,! purpose ( ?is ,act is to assi/ ) ! economic gr[? ( economically disadvantag$ communities t h pot5tial = /rong ,class #a comm]cial inve/m5t1 b cont9ue to h a difficult "t recruit+ ,class #a comm]cial inve/m5t4 #c4 ,economic gr[?1 ret5tion1 & recruitm5t ( comm]cial inve/m5t 9 und]s]v$ communities ,! ,small ,bus9ess ,inve/m5t ,act ( #aieh 7#ae ,u4,s4,c4 #ffa et seq47 is am5d$ by add+ at ! end ! foll[+ new title3 ,,vi ,,economic ,,gr[?1 ,,ret5tion1 ,,& ,,recruitm5t ,,( ,,comm]cial ,,inve/m5t ,,9 ,,economically ,,disadvantag$ ,,communities #eaa4 ,grant program 7a7 ,au?orization ,f am\nts appropriat$ "u section #eac1 ! ,adm9i/rator %all make grants on a competitive basis to communities =-- 7#a7 ! creation ( a grant &_/or revolv+ loan fund program t helps develop f9anc+ packages = ,class #a comm]cial inve/m5t2 7#b7 l[]+ real e/ate prop]ty tax rates2 7#c7 conduct+ community-wide m>ket analysis to help recruit &_/or reta9 ,class #a comm]cial inve/m5t2 7#d7 creat+ employm5t tra9+ programs = ,class #a bus9ess cu/om] s]vice1 sales1 & manag]ial positions2 7#e7 retail m>ket+ /rategies to solicit new ,class #a comm]cial inve/m5t />ts 9 ! community2 7#f7 program all[ances = activities su* z ! publication ( m>ket+ mat]ials1 developm5t ( economic developm5t web pages1 & educational outrea* activities ) retail trade associations2 & 7#g7 hir+ bus9ess recruitm5t speciali/s4 7b7 ,eligibility ,! ,adm9i/rator may only make a grant "u subsection 7a7 to communities t-- 7#a7 demographics include-- 7,a7 a m$ian p] capita income no high] ?an #ce1jjj2 & 7,b7 a lack ( ,class #a comm]cial inve/m5t2 & 7#b7 submit an application at su* "t1 9 su* =m1 & conta9+ su* in=mation & assurances z ! ,adm9i/rator may require1 includ+-- 7,a7 a description ( h[ ! community ?r\gh ! activities ! community c>ries out ) ! grant funds w recruit1 reta9 & gr[ _! economy ?r\gh ,class #a comm]cial inve/m5t2 & 7,b7 a description ( ! difficulty ! community has fac$ recruit+1 reta9+ & gr[+ _! economy ?r\gh ,class #a comm]cial inve/m5t4 7c7 ,mat*+ funds 7#a7 ,9 g5]al ,! ,adm9i/rator may n make a grant to a community "u subsection 7a7 unless ! community agrees t1 ) respect to ! co/s to be incurr$ by ! community 9 c>ry+ out ! activities = :i* ! grant is aw>d$1 ! community w make available non-,f$]al contributions 9 an am\nt equal to n less ?an #aj p]c5t ( ! ,f$]al funds provid$ "u ! grant4 7#b7 ,satisfy+ mat*+ requirem5ts ,! non-,f$]al contributions requir$ "u p>agraph 7#a7 may be-- 7,a7 9 ca% or 9-k9d1 includ+ s]vices1 fairly evaluat$2 & 7,b7 f-- 7i7 any private s\rce2 7ii7 a ,/ate or local gov]nm5tal entity2 or 7iii7 a n-=-pr(it4 7#c7 ,waiv] ,! ,adm9i/rator may waive or r$uce ! non-,f$]al contribution requir$ by p>agraph 7#a7 if ! community involv$ demon/rates t ! eligible entity _c meet ! contribution requirem5t due to f9ancial h>d%ip4 7d7 ,limitations ,fund+ appropriat$ "u section #eac w be allocat$ by ! foll[+ =mula-- 7#a7 no m ?an up to #e p]c5t ( funds appropriat$ "u section #eac %all g to adm9i/rative co/s2 7#b7 up to #gj p]c5t ( fund+ appropriat$ "u section #eac %all g t[>d activities describ$ 9 sections 7a77#a7 ?r\gh 7a77#d7 aft] tak+ into acc\nt adm9i/rative co/s "u section 7c77#a77;,a72 & 7#c7 #cj p]c5t ( fund+ appropriat$ "u section #eac %all g t[>d activities describ$ 9 sections 7a77#e7 ?r\gh 7a77#g7 aft] tak+ into acc\nt adm9i/rative co/s "u section 7c77#a77;,a74 #eab4 ,def9itions ,9 ?is title1 ! foll[+ def9itions apply3 7#a7 ,community ,! t]m community means a gov]nance /ructure t includes c\nty1 p>i%1 city1 village1 t[n%ip1 di/rict or bor\gh4 7#b7 ,class #a comm]cial inve/m5t ,! t]m ,class #a comm]cial inve/m5t means retail groc]y *a9s1 food s]vice retail]s1 re/aurants & fran*ises1 retail /ores1 cafes1 %opp+ malls1 & o!r %ops4 7#c7 economically und]s]v$ community ,! t]m economically und]s]v$ community means an area suff]+ f l[ income & resultant l[ pur*as+ p[]1 limit+ its ability to g5]ate suffici5t goods & s]vices to be us$ 9 ex*ange ) o!r areas to meet curr5t consumption ne$s4 #eac4 ,au?orization ( appropriations ,!re is au?oriz$ to be appropriat$ to ! ,adm9i/rator to c>ry out section #eaa7;a7 #dj1jjj1jjj = ea* ( fiscal ye>s #bjad ?r\gh #bjai4 4