SCHOOLS-ENTERPRISE-EMPOWERMENT

Creates the Empowerment Zone and Enterprise Community School Facility Act. Provides that the Department of Commerce and Economic Opportunity and the University of Illinois' Urban School Improvement Program shall implement an EZ/EC program to develop and demonstrate mechanisms to attract federal resources and private sector investments to administer the program and support the repair, renovation, and improvement of school buildings and facilities in communities designated under federal law or regulations as Empowerment Zones and Enterprise Communities. Specifies types of demonstration methods that employ federal EZ/EC incentives to leverage private investment in support of improving school buildings and facilities. Provides for implementation of the EZ/EC program in conjunction with schools in communities located in Chicago, East St. Louis, and Springfield. Effective immediately.