Detailed Summary

SouthEast Crescent Authority Act of 2007 - Establishes a SouthEast Crescent Authority for all parts of the following southeastern states not eligible for assistance from the Appalachian Regional Commission or the Delta Regional Authority: Virginia, North Carolina, South Carolina, Georgia, Alabama, Mississippi, and Florida.

Directs the Authority to perform various functions, including: (1) formulating plans and programs to spur economic development, and approving grants to states and public and nonprofit entities toward that end; (2) establishing priorities in a development plan for the region; (3) supporting local development districts, and creating them where they do not exist; and (4) encouraging private investment in the region.

Status of the Legislation

Latest Major Action: 5/3/2007: House committee/subcommittee actions. Status: Subcommittee Hearings Held.

Points in Favor

(Log in to edit the wiki and be the first to show why the bill should pass!)

Points Against

(Log in to edit the wiki and be the first to show why the bill should not pass!)