SENATE 1671117th CongressRead twice and referred to the Committee on Finance.
Rural Jobs Act
- Last Action
- 5/18/2021
CRS Summary
As of 2021-05-18 (00)
Rural Jobs Act
This bill allocates an additional $500 million in 2022 and 2023 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.
Subjects
- Administrative law and regulatory procedures
- Business investment and capital
- Department of the Treasury
- Economic development
- Income tax credits
- Rural conditions and development
Sourced from Congress.gov (public domain).
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