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AI Summary: The "Development Agreements Act of 2021" is a federal bill aimed at promoting economic development by establishing a framework for agreements between developers and local governments. It outlines provisions for negotiating, approving, and implementing development agreements to facilitate large-scale projects. The bill seeks to enhance transparency, provide certainty for investors, and encourage community engagement in the development process. It aims to streamline regulatory procedures, foster collaboration between public and private sectors, and spur job creation and infrastructure improvements. Overall, the bill intends to support sustainable growth while balancing the interests of developers, communities, and government entities.
Latest Action: Bill Number Assigned
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Actions (3):
2024-02-13 : Bill Number Assigned
2024-02-14 : Received for Introduction
2024-02-16 : Did not Consider for Introduction
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