H.R. 3357 · 117th Congress
Rural Jobs Act
- Stage
- In committee
- Sponsor
- Terri Sewell
- Introduced
- 2021-05-19
- Latest action
- 2021-05-19 · Introduced in House
Summary
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.