HR 504 · 106th Congress · Taxation
To amend the Internal Revenue Code of 1986 to require, in weighing the factors taken into account in the evaluation of applications for the designation of empowerment zones in urban areas under subchapter U of such Code, that the unemployment rate and poverty rate of an applicant together be given half the weight.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(1999-02-02)
Plain Language Summary
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Amends the Internal Revenue Code to require, in weighing the factors taken into account in the evaluation of applications for the designation of empowerment zones in urban areas, that the unemployment rate and poverty rate of an applicant together be given half the weight.…
Summarized by Claude AI · Non-partisan · For informational purposes only