CEDS Act
Bill: H.R.5547 | Sponsor: Rep. Williams, Nikema (D-GA)
Policy area: Families

Summary:
Care is an Economic Development Strategy Act or the CEDS Act
This bill requires grant applicants for certain public works and economic development projects to describe in their comprehensive economic development strategy how they will increase the accessibility of affordable, quality, care-based services (e.g., child care, early childhood education, disability and long-term care, and elder care).
The bill also requires the Department of Commerce to report on the activities and outcomes of economic adjustment assistance funding provided by the Coronavirus Aid, Relief, and Economic Security Act or the CARES Act.

To amend the Public Works and Economic Development Act of 1965 to 
      require eligible recipients of certain grants to develop a 
comprehensive economic development strategy that directly or indirectly 
increases the accessibility of affordable, quality care-based services, 
                        and for other purposes.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Care is an Economic Development 
Strategy Act'' or the ``CEDS Act''.

SEC. 2. COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGIES.

    (a) In General.--Section 302(a)(3)(A) of the Public Works and 
Economic Development Act of 1965 (42 U.S.C. 3162(a)(3)(A)) is amended--
            (1) by striking ``and'' before ``balances resources''; and
            (2) by inserting ``, and directly or indirectly increases 
        the accessibility of affordable, quality care-based services, 
        including child care, early childhood education, disability and 
        long-term care, and elder care'' after ``sound management of 
        development''.
    (b) Guidance.--
            (1) In general.--Not later than 1 year after the date of 
        enactment of this Act, the Secretary of Commerce shall issue 
        guidance on implementing the amendments made by subsection (a), 
        to include how to increase access to the affordable, quality 
        care-based services described in section 302(a)(3)(A) of the 
        Public Works and Economic Development Act of 1965 (42 U.S.C. 
        3162(a)(3)(A)) in a comprehensive economic development strategy 
        developed under section 302 of such Act.
            (2) Existing comprehensive economic development 
        strategies.--In issuing the guidance under paragraph (1), with 
        respect to a grant recipient whose comprehensive economic 
        development strategy has been approved under section 302 of the 
        Public Works and Economic Development Act of 1965 (42 U.S.C. 
        3162) before the date of enactment of this Act, the Secretary 
        shall ensure that such grant recipient is only required to 
        update such comprehensive economic development strategy to 
        comply with the amendments made by this Act when a regularly 
        scheduled update to such comprehensive economic development 
        strategy is required.

SEC. 3. ECONOMIC DEVELOPMENT ADMINISTRATION CARES ACT FUNDING.

    (a) In General.--Not more than 180 days after the date of enactment 
of this Act, the inspector general of the Department of Commerce shall 
submit to Congress a report on the activities and outcomes of economic 
adjustment assistance funding provided by the CARES Act (Public Law 
116-136).
    (b) Contents.--The report required under subsection (a) shall 
include--
            (1) each recipient that received economic adjustment 
        assistance funding from such Act; and
            (2) the corresponding project that received economic 
        adjustment assistance funding from the CARES Act.

            Passed the House of Representatives March 30, 2022.

            Attest:

                                             CHERYL L. JOHNSON,

                                                                 Clerk.