CORE Act
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Creating Opportunities for Rural Economic Expansion Act or the CORE Act
This bill amends the Internal Revenue Code to require at least 5% of the new markets tax credit limitation to be allocated to community development entities in connection with certain investments, financial counseling, and other services in distressed coal communities.
A "distressed coal community" is any low-income community located in a county that: (1) was one of the 30 counties with the biggest employment decrease among coal operators over a specified time period; or (2) is contiguous to a county that has the required decrease in employment, is located in the same state, and contains at least one low-income community.
Read twice and referred to the Committee on Finance.
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 3: CORE Act. 114th Congress. Open America. https://openamerica.io/bill/114-S-3/
"S. 3: CORE Act." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-S-3/.
S. 3, 114th Cong. (2026), https://openamerica.io/bill/114-S-3/.
[S. 3: CORE Act](https://openamerica.io/bill/114-S-3/)