HR 3357 · 117th Congress · Taxation
Rural Jobs Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2021-05-19)
Plain Language Summary
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Rural Jobs Act This bill allocates an additional $500 million in 2021 and 2022 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 at least 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