# 114-hr-4870: Promise Zone Job Creation Act of 2016

114-hr-4870, Promise Zone Job Creation Act of 2016, is a 114th Congress bill sponsored by Rep. Larson, John B. [D-CT-1] (D-CT); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-4870
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-4870
- Congress: 114
- Title: Promise Zone Job Creation Act of 2016
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2016-03-23
- Sponsor: Rep. Larson, John B. [D-CT-1] (D-CT)
- Cosponsors: 4
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Promise Zone Job Creation Act of 2016 This bill amends the Internal Revenue Code to direct the Departments of Housing and Urban Development and Agriculture, acting jointly, to designate, before January 1, 2017, not more than 20 areas as Promise Zones for purposes of priority consideration in federal grant programs and initiatives. Six of such areas shall be outside of a metropolitan statistical area or shall be determined to be rural areas. A "Promise Zone" is any area with a continuous boundary and a population of not more than 200,000 that is nominated by one or more local governments or Indian tribes and designated on the basis of unemployment rates, poverty rates, household income, home ownership, labor force participation, and educational attainment. An application for designation as a Promise Zone shall include a competitiveness plan that addresses the need of the area to attract investment and jobs and improve educational opportunities. The bill allows: (1) a Promise Zone employment tax credit for wages paid to a qualified zone or resident employee, and (2) expensing of Promise Zone property. A "Promise Zone property" is a property that is: (1) tangible property with a recovery period of 20 years or less for depreciation purposes, water utility property, computer software, or qualified leasehold improvement property; (2) acquired by purchase for use in the active conduct of a trade or business; and (3) originally placed in service in a Promise Zone.

## Cosponsors (4)

- Rep. Rogers, Harold [R-KY-5] (R-KY), 2016-03-23T00:00:00.000Z
- Rep. Cohen, Steve [D-TN-9] (D-TN), 2016-03-23T00:00:00.000Z
- Rep. Wilson, Joe [R-SC-2] (R-SC), 2016-03-23T00:00:00.000Z
- Rep. Ellison, Keith [D-MN-5] (D-MN), 2016-05-31T00:00:00.000Z

## Related bills

- 114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Doby in recognition of his achievements and contributions to American major league…
- 114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act
- 114-hr-3929: Office of Strategic Services Congressional Gold Medal Act
- 114-hr-3381: Childhood Cancer STAR Act
- 114-hr-3119: Palliative Care and Hospice Education and Training Act
- 114-hr-2726: Apollo 11 50th Anniversary Commemorative Coin Act

## Sources
- [114-hr-4870 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/4870)

## Related
- [114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Dob…](https://policyrisk.com/legislation/114-hr-5621)
- [114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-4592)
- [114-hr-3929: Office of Strategic Services Congressional Gold Medal Act](https://policyrisk.com/legislation/114-hr-3929)
- [114-hr-3381: Childhood Cancer STAR Act](https://policyrisk.com/legislation/114-hr-3381)
- [114-hr-3119: Palliative Care and Hospice Education and Training Act](https://policyrisk.com/legislation/114-hr-3119)
- [114-hr-2726: Apollo 11 50th Anniversary Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-2726)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-4870 (as of 2025-11-18).