S 2028 116th Congress Senate Taxation Administrative law and regulatory procedures Business investment and capital Department of the Treasury Economic development Income tax credits Rural conditions and development

Rural Jobs Act

Introduced: June 27, 2019 Introduced by: Wicker, Roger F. Republican · Mississippi See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jun 27, 2019

Read twice and referred to the Committee on Finance.

Jun 27, 2019

Introduced in Senate

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Plain-English summary Congressional Research Service

Rural Jobs Act

This bill allocates an additional $500 million in 2019 and 2020 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 not less than 25% of such investments be made in areas that are persistent poverty counties, high migration rural counties, or both.

What's happening now June 27, 2019

Read twice and referred to the Committee on Finance.

Related & companion bills 1

Bill text 1 version