Revised Economic Development Act Amendment - Authorizes the Secretary of Commerce to make a survey and study of the existing technology for gasification and liquification of naturally occurring hydrocarbons in areas of substantial unemployment covered by the Public Works and Economic Development Act of 1965. Provides for pilot plants to carry out demonstrations under this Act.
Authorizes the Secretary to make grants to nonprofit organizations to construct and operate such pilot plants. Authorizes the Secretary to make grants to nonprofit organizations to demonstrate any other energy producing process which its study finds will provide economic benefits to such areas.
Authorizes the appropriation of $200,000,000 to carry out this Act.
Introduced in House
Introduced in House
Referred to House Committee on Public Works.
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