A bill to authorize the Secretary of the Interior to provide financial assistance to the territories of the United States, and for other purposes.
Offshore Territories Economic Development Act - Authorizes the Secretary of the Interior to make grants for each of fiscal years 1982 through 1984 to Puerto Rico, Guam, the Virgin Islands, and American Samoa. Prohibits such grant for any fiscal year in which a territorial economic development plan setting forth the economic development needs of the territory has not been submitted by the Governor of the territory and approved by the Secretary.
Directs the Secretary to report annually to Congress on the expenditure of funds under this Act.
Authorizes appropriations for each of fiscal years 1982 through 1984 for purposes of this Act.
Introduced in House
Introduced in House
Referred to House Committee on Interior and Insular Affairs.
Referred to Subcommittee on Insular Affairs.
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