Draft FY23 Commerce, Justice, and Science appropriations legislation released in the Senate in August 2022 contains $450 million for the US Economic Development Administration (EDA), a $76.5 million increase above the enacted FY22 funding level of $373.5 million. This includes a proposed level of $38 million for EDA Partnership Planning Grants, a $3.5 million increase. By contrast, the House-passed spending bills for FY23 included $510 million for EDA overall (a $137 million increase), and $36 million for Partnership Planning (a $1.5 million increase). Both the House and Senate bills fall short of the proposed $546 million budget for the EDA under the President’s Budget Request in April 2022. Appropriators are continuing to negotiate as the September 30 fiscal year end draws nearer.
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