; (2) in paragraph (4), by striking the period at the end and inserting ; and ; and (3) by adding at the end the following: (5) tourism marketing is an economic development tool used by communities for economic development and should be considered an eligible use of economic development funding awarded by the Federal Government through the Economic Development Administration. . 7. Economic distress formula Not later than 180 days after the date of enactment of this Act, the Secretary of Commerce shall review the economic distress formula under section 301 of the Public Works and Economic Development Act of 1965 ( 42 U.S.C. 3161 ) and submit to Congress a report that includes— (1) recommendations for modifications to the formula to ensure that all areas, including distressed areas, are eligible to receive a higher percentage of Federal funding than those areas currently are eligible to receive; (2) a recommendation on whether to reduce the non-Federal share for projects carried out with grants under that Act ( 42 U.S.C. 3121 et seq. ); and (3) an analysis of the financial limitations of eligible recipients located within counties with a majority of acreage under Federal management in accessing Economic Development Administration funding opportunities. 8. Office of Tribal Economic Development (a) In general Title V of the Public Works and Economic Development Act of 1965 ( 42 U.S.C. 3191 et seq. ) is amended by adding at the end the following: 508. Office of Tribal economic development (a) Establishment There is established within the Economic Development Administration an Office of Tribal Economic Development (referred to in this section as the Office ). (b) Purposes The purposes of the Office shall be— (1) to coordinate all Tribal economic development activities carried out by the Secretary; (2) to help Tribal communities access economic development assistance programs, including the assistance provided under this Act