Urban Regulatory Relief Zone Act of 1995

[AI summary unavailable — showing source text] Urban Regulatory Relief Zone Act of 1995 - Authorizes the mayor or chief executive officer of a city with a population greater than 200,000 to establish an economic development commission to: (1) designate urban regulatory relief zones in the city composed of one or more distressed areas; and (2) apply through the Office of Management and Budget for waiver of application of specific Federal regulations within such relief zones. States that a Federal agency shall deny such a waiver only if it substantially endangers health or safety. Specifies that any census tract within a city shall qualify as a distressed area if at least: (1) 33 percent of the resident population is below the poverty line; (2) 45 percent of out-of-school males aged 16 and over worked less than 26 weeks in the preceding year; (3) 36 percent of families with children under age 18 have an unmarried parent as head of the household; or (4) 17 percent of resident families received public assistance income in the preceding year. Provides for the composition of such commissions. Prohibits more than one such commission from being established or designated within a qualifying city. Requires such commissions to hold public…