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115-hr-6627115th Congress

Rural Jobs Act

Sponsored By: Representative Smith, Jason [R-MO-8]

Unknown

Summary

Rural Jobs Act This bill amends the Internal Revenue Code to allow additional new markets tax credits for investments in the Rural Jobs Zone. The "Rural Jobs Zone" is the area comprised of low-income communities that do not include: (1) a city or town with a population that exceeds 50,000, or (2) any urbanized area contiguous and adjacent to such a city or town. At least 25% of the investments made pursuant to the tax credits allocated by this bill must be in persistent poverty counties, high migration rural counties, or both.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Smith, Jason [R-MO-8]

MO • R

Cosponsors

  • Rep. Sewell, Terri A. [D-AL-7]

    AL • D

    Sponsored 7/26/2018

Roll Call Votes

No roll call votes available for this bill.

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