Lower Mississippi Delta Development Act - Establishes the Lower Mississippi Delta Development Commission to study and make recommendations concerning the economic needs and economic development of the Lower Mississippi Delta, defined to include areas in Arkansas, Illinois, Kentucky, Louisiana, Mississippi, Missouri, and Tennessee.
Directs the Commission, among other things, to: (1) study the projected ten-year economic needs of the region; (2) review existing Federal, State, local, and private programs for business development and financing; (3) develop inventories of the region's business resources and natural resources; (4) study the role of small business in creating jobs in the region; and (5) make recommendations to the Congress regarding tax policies, business development programs, investment incentives, infrastructure development, and a number of other economic development issues.
Requires the Commission, no later than one year after its first meeting, to present its required findings and recommendations to specified congressional leadership and committees, the President, and the Governors of the affected States. Requires termination of the Commission within one year after submission of its report.
Authorizes appropriations.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
Referred to House Committee on Public Works and Transportation.
Referred to House Committee on Small Business.
Executive Comment Requested from Commerce, SBA, OMB.
Referred to Subcommittee on Economic Development.
Referred to Subcommittee on SBA, and the General Economy.
See H.R.4784.
Referred to Subcommittee on Economic Stabilization.
Subcommittee Hearings Held.
Unfavorable Executive Comment Received From SBA.
For Further Action See H.R.5283.
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