S. 4247 · 117th Congress · Senate

University Centers for Growth, Development, and Prosperity Act of 2022

Active· Read twice and referred to the Committee on Environment and Public Works. (Sponsor introductory remarks on measure: CR S2588)
Introduced
May 18, 22
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

University Centers for Growth, Development, and Prosperity Act of 2022

This bill requires the Economic Development Administration (EDA) to establish in each state a university center at an institution of higher education that must, to the extent possible, collaborate with economic development districts, provide technical assistance and business development services to area businesses, and conduct research and analysis relating to economic development. In selecting such centers, the EDA must prioritize Historically Black Colleges and Universities, Tribal Colleges and Universities, Hispanic-Serving Institutions, and other minority-serving institutions.