HR 3538 · 116th Congress · Taxation

Rural Jobs Act

Introduced 2019-06-27· Sponsored by Rep. Sewell, Terri A. [D-AL-7]· House

Bill Progress

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Introduced
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Committee
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House Vote
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Senate
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Enacted
Latest: Referred to the House Committee on Ways and Means.(2019-06-27)

Plain Language Summary

[AI summary unavailable — showing source text] Rural Jobs Act This bill allocates an additional $500 million in 2019 and 2020 for new markets tax credit investments in the Rural Jobs Zone (an area comprised of low-income communities with populations not greater than 50,000 that are not adjacent to an urbanized area). The bill also requires that not less than 25% of such investments be made in areas that are persistent poverty counties, high migration rural counties, or both.…

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