To amend the Public Works and Economic Development Act of 1965 to provide assistance to communities for the redevelopment of brownfield sites.

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Brownfield Redevelopment Assistance 
Act of 2003''.

SEC. 2. PURPOSES.

    Consistent with section 2 of the Public Works and Economic 
Development Act of 1965 (42 U.S.C. 3121), the purposes of this Act 
are--
            (1) to provide targeted assistance, including planning 
        assistance, for projects that promote--
                    (A) the redevelopment, restoration, and economic 
                recovery of brownfield sites; and
                    (B) eco-industrial development; and
            (2) through such assistance, to further the goals of 
        restoring the employment and tax bases of, and bringing new 
        income and private investment to, distressed communities that 
        have not participated fully in the economic growth of the 
        United States because of a lack of an adequate private sector 
        tax base to support essential public services and facilities.

SEC. 3. DEFINITIONS.

    Section 3 of the Public Works and Economic Development Act of 1965 
(42 U.S.C. 3122) is amended--
            (1) by redesignating paragraphs (1), (2), and (3) through 
        (10) as paragraphs (2), (3), and (5) through (12), 
        respectively;
            (2) by inserting before paragraph (2) (as so redesignated) 
        the following:
            ``(1) Brownfield site.--The term `brownfield site' means a 
        brownfield site (as defined in section 101 of the Comprehensive 
        Environmental Response, Compensation, and Liability Act of 1980 
        (42 U.S.C. 9601)) with respect to which an entity has received, 
        or is eligible to receive, funding under section 104(k) of that 
        Act (42 U.S.C. 9604(k)) for site characterization, assessment, 
        or remediation.'';
            (3) by inserting after paragraph (3) (as redesignated by 
        paragraph (1)) the following:
            ``(4) Eco-industrial development.--The term `eco-industrial 
        development' means development conducted in a manner in which 
        businesses cooperate with each other and the local community to 
        efficiently share resources (such as information, materials, 
        water, energy infrastructure, and natural habitat) with the 
        goals of--
                    ``(A) economic gains;
                    ``(B) improved environmental quality; and
                    ``(C) equitable enhancement of human resources in 
                businesses and local communities.''; and
            (4) by adding at the end the following:
            ``(13) Unused land.--The term `unused land' means any 
        publicly-owned or privately-owned unused, underused, or 
        abandoned land that is not contributing to the quality of life 
        or economic well-being of the community in which the land is 
        located.''.

SEC. 4. COORDINATION.

    Section 103 of the Public Works and Economic Development Act of 
1965 (42 U.S.C. 3132) is amended--
            (1) by inserting ``(a) Comprehensive Economic Development 
        Strategies.--'' before ``The Secretary''; and
            (2) by adding at the end the following:
    ``(b) Brownfield Site Redevelopment.--The Secretary shall 
coordinate activities relating to the redevelopment of brownfield sites 
and the promotion of eco-industrial development under this Act with 
other Federal agencies, States, local governments, consortia of local 
governments, Indian tribes, nonprofit organizations, and public-private 
partnerships.''.

SEC. 5. GRANTS FOR BROWNFIELD SITE REDEVELOPMENT.

    (a) In General.--Title II of the Public Works and Economic 
Development Act of 1965 (42 U.S.C. 3141 et seq.) is amended--
            (1) by redesignating sections 210 through 213 as sections 
        211 through 214, respectively; and
            (2) by inserting after section 209 the following:

``SEC. 210. GRANTS FOR BROWNFIELD SITE REDEVELOPMENT.

    ``(a) In General.--On the application of an eligible recipient, the 
Secretary may make grants for projects to alleviate or prevent 
conditions of excessive unemployment, underemployment, blight, and 
infrastructure deterioration associated with brownfield sites, 
including projects consisting of--
            ``(1) the development of public facilities;
            ``(2) the development of public services;
            ``(3) business development (including funding of a 
        revolving loan fund);
            ``(4) planning;
            ``(5) technical assistance;
            ``(6) training; and
            ``(7) the purchase of environmental insurance with respect 
        to an activity described in any of paragraphs (1) through (3).
    ``(b) Criteria for Grants.--The Secretary may provide a grant for a 
project under this section only if--
            ``(1) the Secretary determines that the project will assist 
        the area where the project is or will be located to meet, 
        directly or indirectly, a special need arising from--
                    ``(A) a high level of unemployment or 
                underemployment, or a high proportion of low-income 
                households;
                    ``(B) the existence of blight and infrastructure 
                deterioration;
                    ``(C) dislocations resulting from commercial or 
                industrial restructuring;
                    ``(D) outmigration and population loss, as 
                indicated by--
                            ``(i)(I) depletion of human capital 
                        (including young, skilled, or educated 
                        populations);
                            ``(II) depletion of financial capital 
                        (including firms and investment); or
                            ``(III) a shrinking tax base; and
                            ``(ii) resulting--
                                    ``(I) fiscal pressure;
                                    ``(II) restricted access to 
                                markets; and
                                    ``(III) constrained local 
                                development potential; or
                    ``(E) the closure or realignment of--
                            ``(i) a military or Department of Energy 
                        installation; or
                            ``(ii) any other Federal facility; and
            ``(2) except in the case of a project consisting of 
        planning or technical assistance--
                    ``(A) the Secretary has approved a comprehensive 
                economic development strategy for the area where the 
                project is or will be located; and
                    ``(B) the project is consistent with the 
                comprehensive economic development strategy.
    ``(c) Particular Community Assistance.--Assistance under this 
section may include assistance provided for activities identified by a 
community, the economy of which is injured by the existence of 1 or 
more brownfield sites, to assist the community in--
            ``(1) revitalizing affected areas by--
                    ``(A) diversifying the economy of the community; or
                    ``(B) carrying out industrial or commercial 
                (including mixed use) redevelopment, or eco-industrial 
                development, projects on brownfield sites;
            ``(2) carrying out development that conserves land by--
                    ``(A) reusing existing facilities and 
                infrastructure;
                    ``(B) reclaiming unused land and abandoned 
                buildings; or
                    ``(C) promoting eco-industrial development, and 
                environmentally responsible development, of brownfield 
                sites; or
            ``(3) carrying out a collaborative economic development 
        planning process, developed with broad-based and diverse 
        community participation, that addresses the economic 
        repercussions and opportunities posed by the existence of 
        brownfield sites in an area.
    ``(d) Direct Expenditure or Redistribution by Eligible Recipient.--
            ``(1) In general.--Subject to paragraph (2), an eligible 
        recipient of a grant under this section may directly expend the 
        grant funds or may redistribute the funds to public and private 
        entities in the form of a grant, loan, loan guarantee, payment 
        to reduce interest on a loan guarantee, or other appropriate 
        assistance.
            ``(2) Limitation.--Under paragraph (1), an eligible 
        recipient may not provide any grant to a private for-profit 
        entity.''.
    (b) Conforming Amendment.--The table of contents in section 1(b) of 
the Public Works and Economic Development Act of 1965 (42 U.S.C. prec. 
3121) is amended by striking the items relating to sections 210 through 
213 and inserting the following:

``Sec. 210. Grants for brownfield site redevelopment.
``Sec. 211. Changed project circumstances.
``Sec. 212. Use of funds in projects constructed under projected cost.
``Sec. 213. Reports by recipients.
``Sec. 214. Prohibition on use of funds for attorney's and consultant's 
                            fees.''.

SEC. 6. AUTHORIZATION OF APPROPRIATIONS.

    (a) In General.--Title VII of the Public Works and Economic 
Development Act of 1965 (42 U.S.C. 3231 et seq.) is amended by adding 
at the end the following:

``SEC. 704. AUTHORIZATION OF APPROPRIATIONS FOR BROWNFIELD SITE 
              REDEVELOPMENT.

    ``(a) In General.--In addition to amounts made available under 
section 701, there is authorized to be appropriated to carry out 
section 210 $60,000,000 for each of fiscal years 2004 through 2008, to 
remain available until expended.
    ``(b) Federal Share.--Notwithstanding section 204, subject to 
section 205, the Federal share of the cost of activities funded with 
amounts made available under subsection (a) shall be not more than 75 
percent.''.
    (b) Conforming Amendment.--The table of contents in section 1(b) of 
the Public Works and Economic Development Act of 1965 (42 U.S.C. prec. 
3121) is amended by adding at the end of the items relating to title 
VII the following:

``Sec. 704. Authorization of appropriations for brownfield site 
                            redevelopment.''.

Summary: Brownfield Redevelopment Assistance Act of 2003 - Amends the Public Works and Economic Development Act of 1965 to authorize the Secretary of Commerce to make grants for projects to alleviate or prevent conditions of excessive unemployment, underemployment, blight, and infrastructure deterioration associated with brownfield sites. Defines a brownfield site, with exceptions, as real property the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant or contaminant. Defines eco-industrial development as development conducted in a manner in which businesses cooperate with each other and the local community to share resources efficiently with the goals of economic gains, improved environmental quality, and equitable enhancement of human resources in businesses and local communities.