A bill to direct that grants for research and demonstration projects and other federally funded projects of this nature be allocated to economically depressed areas, insofar as is possible, and to assist and promote the development of those areas of the country which are economically depressed.
Research and Demonstration Grant Policy Act - Declares that it is the policy of the Congress that the Government should aid, assist, and promote the development of those areas of the country which are economically depressed in order to maintain and strengthen the overall economy of the Nation. States that grant agreements and contracts involving research and demonstration projects, feasibility, studies, pilot programs and other federally funded projects of this nature shall be entered into with agencies of State or local government, or with persons who are located in, or who employ a substantial number of persons located in economically depressed areas.
Authorizes the Director of the Office of Management and Budget to provide a comprehensive study and examination of such programs to be submitted to the Congress no later than one year following the date of enactment.
Introduced in Senate
Referred to Senate Committee on Labor and Public Welfare.
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