Northern Border Regional Commission Financial Flexibility Act

Bill: 116-hr-6447
Sponsor: full_name: Rep. Kuster, Ann M. [D-NH-2]
Introduced: 2020-04-03
Policy area: Government Operations and Politics
Subjects: Economic development

Infrastructure development

Regional and metropolitan planning

Rural conditions and development

State and local finance
Latest action: action_date: 2020-04-06
text: Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

Summaries:
action_date: 2020-04-03
action_desc: Introduced in House
text: <p><b>Northern Border Regional Commission Financial Flexibility Act</b></p> <p>This bill temporarily increases the maximum percentage that certain federal regional commissions may contribute toward infrastructure projects in distressed counties (i.e., counties that are the most economically distressed and underdeveloped and have high rates of poverty, unemployment, or outmigration).</p> <p>Specifically, for grants awarded between January 1, 2019-December 31, 2021, the bill allows the Southeast Crescent Regional Commission, the Southwest Border Regional Commission, and the Northern Border Regional Commission (NBRC) to contribute 100% of costs for projects in distressed counties. (Currently, only the NBRC is active.)</p>

tv_txt: I 116th CONGRESS 2d Session H. R. 6447 IN THE HOUSE OF REPRESENTATIVES April 3, 2020 Ms. Kuster of New Hampshire (for herself, Mr. Katko , Ms. Stefanik , Mr. Golden , Ms. Pingree , Mr. Pappas , and Mr. Welch ) 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 A BILL To amend title 40, United States Code, is amended with respect to the maximum contribution for certain projects or activities carried out in certain distressed counties, and for other purposes.

1. Short title This Act may be cited as the Northern Border Regional Commission Financial Flexibility Act . 2. Economic and infrastructure development grants Section 15501(d) of title 40, United States Code, is amended by adding at the end the following: (4) Special contribution rule The maximum contribution percentage for a project or activity carried out in a county described in paragraph (2) using a grant awarded between January 1, 2019, and December 31, 2021, shall be treated as 100 percent. .