Legis Daily

Rural Jobs Act

USA117th CongressS-1671| Senate 
| Updated: 5/18/2021
Roger F. Wicker

Roger F. Wicker

Republican Senator

Mississippi

Cosponsors (7)
Cindy Hyde-Smith (Republican)Mark R. Warner (Democratic)John Boozman (Republican)Kyrsten Sinema (Independent)Benjamin L. Cardin (Democratic)John Hoeven (Republican)Shelley Moore Capito (Republican)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Rural Jobs Act This bill allocates an additional $500 million in 2022 and 2023 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.
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Timeline

Bill from Previous Congress

S 116-2028
Rural Jobs Act
May 18, 2021
Introduced in Senate
May 18, 2021
Read twice and referred to the Committee on Finance.
May 19, 2021

Latest Companion Bill Action

HR 117-3357
Introduced in House
  • Bill from Previous Congress

    S 116-2028
    Rural Jobs Act


  • May 18, 2021
    Introduced in Senate


  • May 18, 2021
    Read twice and referred to the Committee on Finance.


  • May 19, 2021

    Latest Companion Bill Action

    HR 117-3357
    Introduced in House

Taxation

Related Bills

  • HR 117-3357: Rural Jobs Act
Administrative law and regulatory proceduresBusiness investment and capitalDepartment of the TreasuryEconomic developmentIncome tax creditsRural conditions and development

Rural Jobs Act

USA117th CongressS-1671| Senate 
| Updated: 5/18/2021
Rural Jobs Act This bill allocates an additional $500 million in 2022 and 2023 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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 116-2028
Rural Jobs Act
May 18, 2021
Introduced in Senate
May 18, 2021
Read twice and referred to the Committee on Finance.
May 19, 2021

Latest Companion Bill Action

HR 117-3357
Introduced in House
  • Bill from Previous Congress

    S 116-2028
    Rural Jobs Act


  • May 18, 2021
    Introduced in Senate


  • May 18, 2021
    Read twice and referred to the Committee on Finance.


  • May 19, 2021

    Latest Companion Bill Action

    HR 117-3357
    Introduced in House
Roger F. Wicker

Roger F. Wicker

Republican Senator

Mississippi

Cosponsors (7)
Cindy Hyde-Smith (Republican)Mark R. Warner (Democratic)John Boozman (Republican)Kyrsten Sinema (Independent)Benjamin L. Cardin (Democratic)John Hoeven (Republican)Shelley Moore Capito (Republican)

Finance Committee

Taxation

Related Bills

  • HR 117-3357: Rural Jobs Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresBusiness investment and capitalDepartment of the TreasuryEconomic developmentIncome tax creditsRural conditions and development