A bipartisan group of Senate lawmakers are touting a reauthorization bill for programs designed to help communities affected by the energy transition.
The “Economic Development Reauthorization Act of 2024,” S. 3891, would reauthorize and update the U.S. Economic Development Administration — part of the Commerce Department— for the first time in nearly 20 years.
The legislation, to be introduced Friday, is being led by Senate Environment and Public Works Chair Tom Carper (D-Del.) and ranking member Shelley Moore Capito (R-W.Va.) , along with Transportation and Infrastructure Subcommittee Chair Mark Kelly (D-Ariz.) and ranking member Kevin Cramer (R-N.D.). A markup is planned for next week.
“Reauthorizing the EDA will give this critical agency the tools and resources it needs to better support local businesses and organizations and equip our communities with climate-resilient infrastructure, in turn strengthening both local and regional job creation and our competitiveness abroad,” said Carper.
