SB3425: Resilient Communities Act of 2023
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
A bill to authorize the Secretary of Commerce to establish a Resilient Communities Program to provide communities impacted by trade with grants for economic development, and for other purposes.
Plain-language summary
This bill would let the Secretary of Commerce create a program giving grants to communities hurt by international trade. Communities could use these grants for economic development projects to recover from job losses or business closures. The bill aims to help regions adjust when trade policies affect their local economies. It was recently introduced in Congress and is in the early stage. Both Democratic and Republican lawmakers are sponsoring it, suggesting bipartisan support.
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SB3425: Resilient Communities Act of 2023