Page:United States Statutes at Large Volume 112 Part 5.djvu/860

 112 STAT. 3618 PUBLIC LAW 105^393—NOV. 13, 1998 Act of 1990 (2 U.S.C. 661a)) for payment of obligations and expenses in connection with financial assistance provided under— (1) the Public Works and Economic Development Act of 1965 (42 U.S.C. 3121 et seq.); (2) the Area Redevelopment Act (42 U.S.C. 2501 et seq.); and (3) the Trade Act of 1974 (19 U.S.C. 2101 et seq.). (d) ADMINISTRATION.—The Secretary of Commerce shall take such actions authorized before the effective date of this title as are appropriate to administer and liquidate grants, contracts, agreements, loans, obligations, debentures, or guarantees made by the Secretary under law in effect before the effective date of this title. 42 USC 3121 SEC.105. EFFECTIVE DATE. This title and the amendments made by this title shall take effect on a date determined by the Secretary of Commerce, but not later than 90 days after the date of enactment of this Act. Appalachian TITLE II—APPALACHIAN REGIONAL SS^ment DEVELOPMENT Reform Act of loUSC app.l SEC. 201. SHORT TITLE. "°*®- This title may be cited as the "Appalachian Regional Development Reform Act of 1998". SEC. 202. FINDINGS AND PURPOSES. Section 2 of the Appalachian Regional Development Act of 1965 (40 U.S.C. App.) is amended by adding at the end the following: "(c) 1998 FINDINGS AND PURPOSES.— "(1) FINDINGS.— Congress further finds and declares that, while substantial progress has been made in fulfilling many of the objectives of this Act, rapidly changing national and global economies over the past decade have created new problems and challenges for rural areas throughout the United States and especially for the Appalachian region. "(2) PURPOSES.— In addition to the purposes stated in subsections (a) and (b), it is the purpose of this Act— "(A) to assist the Appalachian region in— "(i) providing the infrastructure necessary for economic and human resource development; "(ii) developing the region's industry; "(iii) building entrepreneurial communities; "(iv) generating a diversified regional economy; and "(v) making the region's industrial and commercial resources more competitive in national and world markets; "(B) to provide a framework for coordinating Federal, State, and local initiatives to respond to the economic competitiveness challenges in the Appalachian region through— "(i) improving the skills of the region's workforce; "(ii) adapting and applying new technologies for the region's businesses; and "(iii) improving the access of the region's businesses to the technical and financial resources necessary to development of the businesses; and

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