IB Union Calendar No. 189 117th CONGRESS 2d Session H. R. 5547 [Report No. 117–259, Part I] IN THE HOUSE OF REPRESENTATIVES October 8, 2021 Ms. Williams of Georgia (for herself and Mr. Young ) introduced the following bill; which was referred to the Committee on Transportation and Infrastructure , and in addition to the Committee on Financial Services , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned March 8, 2022 Reported from the Committee on Transportation and Infrastructure with an amendment Strike out all after the enacting clause and insert the part printed in italic March 8, 2022 Committee on Financial Services discharged; committed to the Committee of the Whole House on the State of the Union and ordered to be printed For text of introduced bill, see copy of bill as introduced on October 8, 2021 A BILL 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.

1. Short title This Act may be cited as the Care is an Economic Development Strategy Act or the CEDS Act . 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. 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.

March 8, 2022 Reported from the Committee on Transportation and Infrastructure with an amendment March 8, 2022 Committee on Financial Services discharged; committed to the Committee of the Whole House on the State of the Union and ordered to be printed