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The Economic Development Reauthorization Act of 2024 amends the Public Works and Economic Development Act of 1965 to expand and modernize federal economic development programs. The bill increases funding authorizations for grants supporting public works, workforce training, renewable energy, broadband deployment, and supply chain development in distressed communities. It establishes new regional commissions, creates offices for tribal economic development and disaster recovery, streamlines environmental reviews, and enhances coordination among federal, state, local, and tribal economic development efforts.
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