S 1455 · 118th Congress · Taxation

Rural Jobs Act

Introduced 2023-05-04· Sponsored by Sen. Wicker, Roger F. [R-MS]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2023-05-04)

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 (4)

1 Democrat3 Republicans