Disaster Operations/1

What this funds

1 For necessary expenses of the economic development assistance programs as provided for by law, 42 U.S.C. 3214(c) - Authorizes the transfer of appropriated funds from other federal agencies if such funds are used for the purpose for which (and in accordance with the terms under which) the funds are specifically authorized and appropriated. 42 U.S.C. 3231 - Authorizes funds to be appropriated for economic development assistance programs to carry out 42 U.S.C. 3121 et seq., through fiscal year 2008, to remain available until expended. 2 Authorization of appropriations for defense conversion activities, 42 U.S.C. 3232(a) - In addition to amounts made available under section 3231 of this title, there are authorized to be appropriated such sums as are necessary to carry out section 3149(c)(1) of this title, to remain available until expended. 42 U.S.C. 3232(b) - Funds made available under subsection (a) of this section may be used for activities including pilot projects for privatization of, and economic development activities for, closed or realigned military or Department of Energy installations. 3 Authorization of appropriations for disaster economic recovery activities, 42. U.S.C. 3233(a) - In addition to amounts made available under section 3231 of this title, there are authorized to be appropriated such sums as are necessary to carry out section 3149(c)(2) of this title, to remain available until expended. 42. U.S.C. 3233(b) - The federal share of the cost of activities funded with amounts made available under subsection (a) of this section shall be up to 100 percent. 4 Title II of the Trade Act of 1974, as amended, at 19 U.S.C. 2345 - Authorizes appropriations to carry out Trade Adjustment Assistance for Public Law No: 114-27, Trade Preferences Extension Act of 2015. Title IV of that Act, entitled the "Trade Adjustment Assistance Reauthorization Act of 2015" extends the authorization of appropriations for TAAF through fiscal year 2021. Secretary may use up to $50,000,000 in each of the fiscal years 2020 through 2024 to carry out this section. 8 For section 30 of the Stevenson-Wydler Technology Innovation Act of 1980 (15 U.S.C. 3723).

Extracted from Economic Development Administration, p. 101. Verbatim; nothing here is paraphrased.

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