HR 6627 · 115th Congress · Taxation

Rural Jobs Act

Introduced 2018-07-26· Sponsored by Rep. Smith, Jason [R-MO-8]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2018-07-26)

Plain Language Summary

[AI summary unavailable — showing source text] Rural Jobs Act This bill amends the Internal Revenue Code to allow additional new markets tax credits for investments in the Rural Jobs Zone. The "Rural Jobs Zone" is the area comprised of low-income communities that do not include: (1) a city or town with a population that exceeds 50,000, or (2) any urbanized area contiguous and adjacent to such a city or town. At least 25% of the investments made pursuant to the tax credits allocated by this bill must be in persistent poverty counties, high migration rural counties, or both.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat
Rep. Sewell, Terri A. [D-AL-7]AL