Us Congress 2023-2024 Regular Session

Us Congress Senate Bill SB3169

Introduced
10/31/23  

Caption

University Centers for Growth, Development, and Prosperity Act of 2023

Impact

The bill prioritizes funding for historically Black colleges and universities (HBCUs), tribal colleges and universities, and other minority-serving institutions, reflecting a commitment to equity in economic development efforts. By directing federal resources towards these institutions, SB3169 aims to bolster support for underserved communities and reduce disparities in economic opportunities. The proposed university centers will offer technical assistance, promote business development, and provide critical data analysis to aid in crafting tailored economic strategies.

Summary

SB3169, titled the 'University Centers for Growth, Development, and Prosperity Act of 2023,' aims to amend the Public Works and Economic Development Act of 1965 by establishing university centers across the United States. These centers are intended to facilitate economic development through collaboration between institutions of higher education and local communities, enhancing job creation and regional innovation. The bill mandates the establishment of at least one university center in each state to ensure widespread availability of resources and support for local businesses.

Contention

Opposition and concern may arise regarding the allocation of funds and resources, and whether prioritizing minority-serving institutions could lead to perceptions of inequity among other educational entities. Additionally, the effectiveness of these centers in fostering real economic growth and job creation will likely be scrutinized. Critics may also question the sustainability of such initiatives without ongoing federal support and whether they can achieve the intended outcomes in diverse regional contexts.

Companion Bills

US HB6130

Related University Centers for Growth, Development, Prosperity (GDP) Act

Previously Filed As

US HB6130

University Centers for Growth, Development, Prosperity (GDP) Act

US SB3891

Economic Development Reauthorization Act of 2024

US HB5705

AACCENT Act Augmentative and Alternative Communication Centers of Excellence and National Technical Assistance Act Nogales Wastewater Improvement Act of 2023

US HB9872

Sickle Cell Disease Treatment Centers Act of 2024

US HB6093

Weather Research and Forecasting Innovation Reauthorization Act of 2023 Weather Act Reauthorization Act of 2023

US SJR48

Compact of Free Association Amendments Act of 2023

US SB4367

Water Resources Development Act of 2024 Economic Development Reauthorization Act of 2024 Fiscally Responsible Highway Funding Act of 2024

US HB4394

Energy and Water Development and Related Agencies Appropriations Act, 2024

US HB5784

Green New Deal for Public Schools Act of 2023

US SB3306

SUCCESS Act of 2023 Support for Universities and Colleges to Champion the Educational Success of Survivors Act of 2023

Similar Bills

No similar bills found.