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40 U.S.C. § 15505Local development districts and organizations

submitted 18 years ago by Pub. L. 110-234 to r/title-40-PUBLIC-BUILDINGS-PROPERTY-AND-WORKS · 236 words · no verdicts yet

in plain englishAI-generated · not legal advice

A Commission can give money to a local development district to help pay its planning and office costs. The grant can cover up to 80 percent of those costs. The district must then act as the region's local link between governments, businesses, and citizens.

(a) Grants to Local Development Districts. A Commission can give grants to a local development district. The money helps pay for the district's planning and administrative costs. (b) Conditions for Grants. (1) Maximum amount: The grant cannot cover more than 80 percent of the district's administrative and planning expenses. (2) Maximum period for state agencies: If a State agency is certified as a local development district, it can only receive this grant for up to 3 fiscal years. (3) Local share: The district's own contribution toward its expenses can be cash, or it can be "in kind" — things like space, equipment, or services, fairly valued. (c) Duties of Local Development Districts. A local development district must: (1) act as the lead organization for multicounty areas within the region, at the local level; (2) help the Commission reach out to local governments, community development groups, businesses, and the public; (3) act as the go-between linking State and local governments, nonprofits (including community groups and schools), businesses, and citizens; and (4) help those same groups find, evaluate, and carry out projects and programs that promote the region's economic development.
the actual law source: uscode.house.gov ↗public domain
(a)Grants to Local Development Districts.—

Subject to the requirements of this section, a Commission may make grants to a local development district to assist in the payment of development planning and administrative expenses.

(b)Conditions for Grants.—
(1)Maximum amount.—

The amount of a grant awarded under this section may not exceed 80 percent of the administrative and planning expenses of the local development district receiving the grant.

(2)Maximum period for state agencies.—

In the case of a State agency certified as a local development district, a grant may not be awarded to the agency under this section for more than 3 fiscal years.

(3)Local share.—

The contributions of a local development district for administrative expenses may be in cash or in kind, fairly evaluated, including space, equipment, and services.

(c)Duties of Local Development Districts.—

A local development district shall—

(1)

operate as a lead organization serving multicounty areas in the region at the local level;

(2)

assist the Commission in carrying out outreach activities for local governments, community development groups, the business community, and the public;

(3)

serve as a liaison between State and local governments, nonprofit organizations (including community-based groups and educational institutions), the business community, and citizens; and

(4)

assist the individuals and entities described in paragraph (3) in identifying, assessing, and facilitating projects and programs to promote the economic development of the region.

Source credit: (Added Pub. L. 110–234, title XIV, § 14217(a)(2), May 22, 2008, 122 Stat. 1477, and Pub. L. 110–246, § 4(a), title XIV, § 14217(a)(2), June 18, 2008, 122 Stat. 1664, 2239.)

history & why it existsrecord from the source credit
  • 2008Enacted · Pub. L. 110-234 · 122 Stat. 1477

A history note hasn’t been published yet. The record shows enactment by Pub. L. 110-234 on 2008-05-22.

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