Enacts the accountability for development assistance act; standardizes applications for state development assistance; requires submission of certain.
The bill enacts the accountability for development assistance act, which standardizes applications for state development assistance. It requires standardized applications to include specific information such as the number of jobs to be created or retained, wages, and the type of assistance requested. The bill mandates that recipients of certain development assistance submit progress reports to the granting entity, detailing the completion of contractual obligations.
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