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House Bill 5547
117th Congress(2021-2022)
CEDS Act
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Passed House on Mar 30, 2022
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H. R. 5547 (Engrossed-in-House)


117th CONGRESS
2d Session
H. R. 5547

AN 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:





Clerk.  

117th CONGRESS
     2d Session
H. R. 5547
AN 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.