42 USC 3148 - Investment priorities

U.S Code last checked for updates: Apr 25, 2025

§ 3148.

Investment priorities

(a)

In general

Subject to subsection (b), for a project to be eligible for assistance under this subchapter, the project shall be consistent with 1 or more of the following investment priorities:

(1)

Critical infrastructure

(2)

Workforce

Economic development planning or implementation projects that—

(A)

support job skills training to meet the hiring needs of the area in which the project is to be carried out and that result in well-paying jobs; or

(B)

otherwise promote labor force participation.

(3)

Innovation and entrepreneurship

Economic development planning or implementation projects that—

(A)

support the development of innovation and entrepreneurship-related infrastructure;

(B)

promote business development and lending; or

(C)

foster the commercialization of new technologies that are creating technology-driven businesses and high-skilled, well-paying jobs of the future.

(4)

Economic recovery resilience

(5)

Manufacturing

(b)

Conditions

(c)

Savings clause

(Pub. L. 89–136, title II, § 208, as added Pub. L. 118–272, div. B, title II, § 2218, Jan. 4, 2025, 138 Stat. 3182.)

cite as: 42 USC 3148