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2026-07-06 10:51:44 -04:00

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LegalText 40 U.S.C. § 15303 Functions us united_states_code code_section 40 PUBLIC BUILDINGS, PROPERTY, AND WORKS 153 REGIONAL COMMISSIONS 15303 40 U.S.C. § 15303 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc40@119-100.zip /us/usc/t40/s15303 data/legal/raw/us/code/title-40/usc40.xml 17842dc9a556dca7ec0607eb7f55086568a7bf38882ab8ce17af0c1aae369756 9e671d5f37f9148634c9ba568a4c16d4864b567130b66bcf607f680414560a29 47899cbb5d5deb192dcfb9c8135b334ad81c309a23fdac7e31aad262d38b8aaa 2026-07-04 official
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40 U.S.C. § 15303 - Functions

Text

A Commission shall—

(1) assess the needs and assets of its region based on available research, demonstration projects, investigations, assessments, and evaluations of the region prepared by Federal, State, and local agencies, universities, local development districts, and other nonprofit groups;

(2) develop, on a continuing basis, comprehensive and coordinated economic and infrastructure development strategies to establish priorities and approve grants for the economic development of its region, giving due consideration to other Federal, State, and local planning and development activities in the region;

(3) not later than one year after the date of the enactment of this section, and after taking into account State plans developed under section 15502, establish priorities in an economic and infrastructure development plan for its region, including 5-year regional outcome targets;

(4) (A) enhance the capacity of, and provide support for, local development districts in its region; or

(B) if no local development district exists in an area in a participating State in the region, foster the creation of a local development district;

(5) encourage private investment in industrial, commercial, and other economic development projects in its region;

(6) cooperate with and assist State governments with the preparation of economic and infrastructure development plans and programs for participating States;

(7) formulate and recommend to the Governors and legislatures of States that participate in the Commission forms of interstate cooperation and, where appropriate, international cooperation; and

(8) work with State and local agencies in developing appropriate model legislation to enhance local and regional economic development.

(Added Pub. L. 110234, title XIV, § 14217(a)(2), May 22, 2008, 122 Stat. 1470, and Pub. L. 110246, § 4(a), title XIV, § 14217(a)(2), June 18, 2008, 122 Stat. 1664, 2232.)

Notes

Editorial Notes

References in TextThe date of the enactment of this section, referred to in par. (3), is the date of enactment of Pub. L. 110246, which was approved June 18, 2008.

Codification Pub. L. 110234 and Pub. L. 110246 enacted identical sections. Pub. L. 110234 was repealed by section 4(a) of Pub. L. 110246.

Statutory Notes and Related Subsidiaries

Effective DateSection effective on the first day of the first fiscal year beginning after June 18, 2008, see section 14217(d) of Pub. L. 110246, set out as a note under section 15101 of this title.