To amend the Internal Revenue Code of 1986 to allow employers in renewal communities to qualify for the renewal community employment credit by employing residents of certain nearby areas.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to permit renewal community employers to qualify for the renewal community employment credit by employing residents of another renewal community if the other community is within the five miles, or the county within the which the majority of the services for the employer were performed.…