Page:United States Statutes at Large Volume 112 Part 5.djvu/850

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112 STAT. 3608 PUBLIC LAW 105-393—NOV. 13, 1998 42 USC 3162. "SEC. 302, COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGIES. "(a) IN GENERAL.—The Secretary may provide assistance under section 201 or 209 (except for planning assistance under section 209) to an eligible recipient for a project only if the eligible recipient submits to the Secretary, as part of an application for the assistance— "(1) an identification of the economic development problems to be addressed using the assistance; "(2) an identification of the past, present, and projected future economic development investments in the area receiving the assistance and public and private participants and sources of funding for the investments; and "(3)(A) a comprehensive economic development strategy for addressing the economic problems identified under paragraph (1) in a manner that promotes economic development and opportunity, fosters effective transportation access, enhances and protects the environment, and balances resources through sound management of development; and "(B) a description of how the strategy will solve the problems. "(b) APPROVAL OF COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY.— The Secretary shall approve a comprehensive economic development strategy that meets the requirements of subsection (a) to the satisfaction of the Secretary. "(c) APPROVAL OF OTHER PLAN.— The Secretary may accept as a comprehensive economic development strategy a satisfactory plan developed under another federally supported program. "TITLE IV—ECONOMIC DEVELOPMENT DISTRICTS 42 USC 3171 "SEC. 401. DESIGNATION OF ECONOMIC DEVELOPMENT DISTRICTS. "(a) IN GENERAL.— In order that economic development projects of broad geographic significance may be planned and carried out, the Secretary may designate appropriate economic development districts in the United States, with the concurrence of the States in which the districts will be wholly or partially located, if— "(1) the proposed district is of sufficient size or population, and contains sufficient resources, to foster economic development on a scale involving more than a single area described in section 301(a); "(2) the proposed district contains at least 1 area described in section 301(a); and "(3) the proposed district has a comprehensive economic development strategy that— "(A) contains a specific program for intra-district cooperation, self-help, and public investment; and "(B) is approved by each affected State and by the Secretary. "(b) AUTHORITIES. —The Secretary may, under regulations promulgated by the Secretary— "(1) invite the States to determine boundaries for proposed economic development districts; "(2) cooperate with the States—