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[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[S. 2581 Introduced in Senate (IS)]

  2d Session
                                 S. 2581

    To establish a grant program to support cluster-based economic 
                          development efforts.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                             June 24, 2004

 Mrs. Clinton introduced the following bill; which was read twice and 
       referred to the Committee on Environment and Public Works

_______________________________________________________________________

                                 A BILL

 
    To establish a grant program to support cluster-based economic 
                          development efforts.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. GRANTS FOR CLUSTER-BASED ECONOMIC DEVELOPMENT.

    (a) In General.--Title II of the Public Works and Economic 
Development Act of 1965 (42 U.S.C. 3141 et seq.) is amended by adding 
at the end the following:

``SEC. 214. GRANTS FOR CLUSTER-BASED ECONOMIC DEVELOPMENT.

    ``(a) Definitions.--In this section:
            ``(1) Cluster.--The term `cluster' means a cluster of 
        entities that are engaged--
                    ``(A) in similar industries; and
                    ``(B) in joint activities to boost competitiveness 
                and growth.
            ``(2) Eligible applicant.--The term `eligible applicant' 
        means--
                    ``(A) a State or local government;
                    ``(B) an institution of higher education; or
                    ``(C) a nonprofit economic development 
                organization.
            ``(3) Region.--The term `region' means an area--
                    ``(A) that is determined by the Secretary to 
                qualify for grants under this section; and
                    ``(B) that, on the date of submission of an 
                application for a grant under this section, meets 1 or 
                more of the criteria described in section 301(a).
    ``(b) Grants.--On the application of an eligible applicant, the 
Secretary may make grants--
            ``(1) to assess clusters in a region;
            ``(2) to assess the needs of entities involved in a region;
            ``(3) to market cluster development programs in a region; 
        and
            ``(4) to support staff to operate cluster programs in a 
        region.
    ``(c) Maximum Assistance for Each Region.--Not more than $1,000,000 
of the amounts made available to carry out this section may be expended 
in any 1 region.
    ``(d) Cost Sharing.--
            ``(1) In general.--The Federal share of the cost of a 
        project carried out using funds made available under this 
        section shall be 50 percent.
            ``(2) In-kind contributions.--Not more than 50 percent of 
        the non-Federal share of the cost of a project carried out 
        using funds made available under this section may be provided 
        through in-kind contributions.
            ``(3) Inapplicability of certain section.--Section 204 
        shall not apply to this section.
    ``(e) Authorization of Appropriations.--There is authorized to be 
appropriated to carry out this section $50,000,000, to remain available 
until expended.''.
    (b) Conforming Amendment.--The table of contents contained in 
section 1(b) of the Public Works and Economic Development Act of 1965 
(42 U.S.C. 3121 note) is amended by inserting after the item relating 
to section 213 the following:

``Sec. 214. Grants for cluster-based economic development.''.
                                 <all>
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