Deputy Mayor for Planning and Economic Development Technology Incubator Grant Congressional Review Emergency Act of 2024

This bill authorizes the Deputy Mayor for Planning and Economic Development to provide emergency grant funding to Capital Factory, a technology incubator in Washington, D.C. It mandates a $500,000 grant for Fiscal Year 2024 and a $1,500,000 grant for Fiscal Year 2025 to support the incubator's operations. The legislation is designed to bypass standard review processes due to congressional delays and takes effect on October 24, 2024. The funding is intended to remain in place for no longer than 90 days after the Mayor's approval or a veto override.