HR 3247 · 106th Congress · Taxation
To amend the Internal Revenue Code of 1986 to increase job creation and small business expansion and formation in economically distressed United States insular areas.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(1999-11-08)
Plain Language Summary
[AI summary unavailable — showing source text]
Amends the Internal Revenue Code to direct the Secretary of Housing and Urban Development to designate additional qualifying United States insular areas as empowerment zones. Limits to $1 million the amount of tax-exempt enterprise zone facility bonds.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
20 Democrats