SENATE 1455118th CongressRead twice and referred to the Committee on Finance.

Rural Jobs Act

Last Action: 5/4/2023

Actions

2023-05-04Read twice and referred to the Committee on Finance.
2023-05-04Introduced in Senate

CRS Summary

As of 2023-05-04 (00)

Rural Jobs Act

This bill allocates an additional $500 million in 2023 and another $500 million in 2024 for new markets tax credit investments in the Rural Jobs Zone (an area comprised of low-income communities with populations not greater than 50,000 that are not adjacent to an urbanized area). The bill also requires that at least 25% of such investments be made in areas that are persistent poverty counties, high migration rural counties, or both.

Cosponsors (4)

Mark Warner (D-VA)
Jerry Moran (R-KS)
Mike Braun (R-IN)
John Boozman (R-AR)

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