,i #aag? ,,congress #b;d ,session ,h4 ,r4 #gdea ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,april #g1 #bjbb,mr4 ,c>t] ( ,l\isiana 7= himself & ,mr4 ,gue/7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,transportation & ,infra/ructure1 & 9 addition to ! ,committee on ,f9ancial ,s]vices1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to e/abli% a competitive grant program to provide assi/ance to support small bus9esses & bus9ess di/rict revitalization 9 l[-income1 rural1 & m9ority communities1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,revitaliz+ ,small & ,local ,bus9esses ,act4 #b4 ,revitaliz+ bus9ess di/ricts program 7a7 ,9 g5]al ,title ,,ii ( ! ,public ,works & ,economic ,developm5t ,act ( #aife 7#db ,u4,s4,c4 #cada et seq47 is am5d$ by add+ at ! end ! foll[+3 #bai4 ,revitaliz+ bus9ess di/ricts program 7a7 ,def9itions ,9 ?is section3 7#a7 ,national nonpr(it organization ,! t]m national nonpr(it organization means a nonpr(it organization t-- 7,a7 op]ates1 includ+ ?r\gh affiliates1 memb]%ip networks or p>tn]%ips ) ?ird p>ty entities1 9 ea* geographic area s]v$ by a regional (fice ( ! ,economic ,developm5t ,adm9i/ration2 & 7,b7 has exp]i5ce & exp]tise 9 provid+ te*nical assi/ance & capacity build+ programs 9 support ( community-bas$ organizations t focus on revitaliz+ bus9ess di/ricts & comm]cial corridors1 includ+ ?r\gh support ( und]s]v$ small bus9esses4 7#b7 ,nonpr(it organization ,! t]m nonpr(it organization means an organization t is-- 7,a7 describ$ 9 p>agraph 7#c71 7#d71 7#e71 or 7#f7 ( section #eja7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf2 & 7,b7 exempt f taxation "u section #eja7;a7 ( t ,code4 7b7 ,program ,! ,secret>y %all e/abli% a national program "u :i* ! ,secret>y %all aw>d grants on a competitive basis to national nonpr(it organizations to c>ry out place-bas$ programs1 9 p>tn]%ip ) locally-bas$ nonpr(it or public community & economic developm5t p>tn]s1 to provide specializ$ te*nical assi/ance1 capacity build+1 & relat$ s]vices t support small bus9esses & bus9ess di/rict revitalization 9 l[-income1 rural1 & m9ority communities4 7c7 ,use ( funds ,! ,secret>y %all e/abli% reasonable caps on adm9i/rative co/s & activities necess>y = aw>dees to implem5t activities fund$ "u ! program e/abli%$ "u subsection 7b74 7d7 ,application ,a national nonpr(it organization seek+ a grant "u ?is section %all submit an application to ! ,secret>y at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,secret>y may require4 ,applications %all include a /rategy = di/ributions ( grant funds to local bus9ess di/rict organizations or simil> place-bas$ bus9ess or economic developm5t organizations4 7e7 ,p>tn]%ips ,9 ord] to receive a grant "u ?is section1 a national nonpr(it organization %all demon/rate a track record ( support+ local bus9ess di/rict organizations or simil> place-bas$ bus9ess or economic developm5t organizations & s]v+ disadvantag$ bus9esses or communities t are socially & economically disadvantag$1 includ+ rural communities4 7f7 ,prioritization ,not)/&+ section #bjf 9 select+ grant recipi5ts "u ?is section1 ! ,secret>y %all ensure a broad geographic di/ribution ( aw>d activities1 & give priority to an applicant-- 7#a7 t w\ld s]ve communities t are socially & economically disadvantag$1 includ+ rural communities2 & 7#b7 t has ! demon/rat$ capacity to s]ve multiple ,/ates or multiple geographies )9 a ,/ate4 7g7 ,report+ ,aw>dees mu/ submit to ! ,secret>y 7at su* "t & 9 su* mann] z ! ,secret>y may prescribe1 b no m frequ5tly ?an annually7 a report specify+-- 7#a7 ! names & addresses ( ! local bus9ess developm5t or economic developm5t organizations fund$ by ! aw>dee2 7#b7 ! use ( funds1 bo? by ! aw>dee & by ea* fund$ entity2 7#c7 ! total numb] ( small bus9esses receiv+ direct or indirect assi/ance ?r\gh ! fund+ & ! numb] ( employees at ^? bus9ess2 7#d7 ! total numb] ( su* small bus9esses t qualify z disadvantag$ bus9esses or are 9 communities t are socially or economically disadvantag$1 includ+ rural communities1 & ! numb] ( employees at su* bus9esses2 & 7#e7 su* o!r in=mation z ! ,secret>y may require4 7h7 ,adm9i/ration ,! ,secret>y %all c>ry out ?is section ?r\gh ! headqu>t]s (fice ( ! ,economic ,developm5t ,adm9i/ration4 7i7 ,f$]al %>e 7#a7 ,9 g5]al ,subject to p>agraphs 7#b7 & 7#c7 & not)/&+ section #bjd or any o!r provision ( law1 ! ,f$]al %>e ( ! co/ ( a project c>ri$ out ) assi/ance "u ?is section %all be n m ?an #hj p]c5t4 7#b7 ,use ( o!r ,f$]al funds ,a grant recipi5t may use o!r ,f$]al funds provid$ to ! grant recipi5t to increase ! ,f$]al %>e "u p>agraph 7#a7 up to #ajj p]c5t1 z ! ,secret>y det]m9es to be appropriate4 7#c7 ,waiv] ,! ,secret>y may increase ! ,f$]al %>e "u p>agraph 7#a7 up to #ajj p]c5t if ! ,secret>y det]m9es t ! grant recipi5t is unable to pay1 or w\ld exp]i5ce significant f9ancial h>d%ip if requir$ to pay1 ! non-,f$]al %>e4 7j7 ,adm9i/rative co/s ,( ! am\nts made available to c>ry out ?is section = a fiscal ye>1 ! ,secret>y may use n m ?an #b p]c5t = ! adm9i/rative co/s ( c>ry+ out ?is section4 7k7 ,fund+ ,out ( any unobligat$ funds provid$ to ! ,economic ,developm5t ,adm9i/ration1 ! ,secret>y may exp5d up to #ej1jjj1jjj = ea* ( fiscal ye>s #bjbb ?r\gh #bjbf1 to rema9 available until exp5d$1 to c>ry out ?is section4 4 7b7 ,direct exp5diture or r$i/ribution by recipi5t ,section #bag7;a7 ( ! ,public ,works & ,economic ,developm5t ,act ( #aife 7#db ,u4,s4,c4 #caed;c7a77 is am5d$ by /rik+ or #bjg & ins]t+ #bjg1 or #bai4 7c7 ,cl]ical am5dm5t ,! table ( cont5ts 9 section #a7;b7 ( ! ,public ,works & ,economic ,developm5t ,act ( #aife 7#db ,u4,s4,c4 #caba note7 is am5d$ by ins]t+ aft] ! item relat+ to section #bah ! foll[+ new item3 ,sec4 #bai4 ,revitaliz+ bus9ess di/ricts program4 4