HR 5026 · 118th Congress · Taxation

Rural Jobs Act

Introduced 2023-07-27· Sponsored by Rep. Miller, Carol D. [R-WV-1]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2023-07-27)

Plain Language Summary

[AI summary unavailable — showing source text] Rural Jobs Act This bill allocates an additional $500 million in 2023 and another $500 million in 2024 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

Cosponsors (1)

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