House Bill 6627
115th Congress(2017-2018)
Rural Jobs Act
Introduced
Introduced in House on Jul 26, 2018
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
6627
Congress
115
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
Rural Jobs Act
This bill amends the Internal Revenue Code to allow additional new markets tax credits for investments in the Rural Jobs Zone. The "Rural Jobs Zone" is the area comprised of low-income communities that do not include: (1) a city or town with a population that exceeds 50,000, or (2) any urbanized area contiguous and adjacent to such a city or town. At least 25% of the investments made pursuant to the tax credits allocated by this bill must be in persistent poverty counties, high migration rural counties, or both.
July 26, 2018
07/26/2018
Referred to the House Committee on Ways and Means.
07/26/2018
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:41:53 PM