H.R.4071 - Rural Enterprise Communities Act of 1998105th Congress (1997-1998)
|Sponsor:||Rep. Hinchey, Maurice D. [D-NY-26] (Introduced 06/17/1998)|
|Committees:||House - Ways and Means; Agriculture|
|Latest Action:||06/25/1998 Referred to the Subcommittee on Forestry, Resource Conservation and Research. (All Actions)|
This bill has the status Introduced
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Subject — Policy Area:
- Housing and Community Development
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Summary: H.R.4071 — 105th Congress (1997-1998)All Bill Information (Except Text)
Introduced in House (06/17/1998)
Rural Enterprise Communities Act of 1998 - Amends the Internal Revenue Code to authorize: (1) 33 additional rural enterprise communities (with an extended designation deadline); (2) designation of certain noncontiguous parcels as empowerment zones or enterprise communities; (3) a special designation exception for certain areas based upon emigration, underemployment, or economic adjustment; and (4) empowerment zone eligibility for Puerto Rico, the Virgin Islands, Guam, American Samoa, and the Commonwealth of the Northern Mariana Islands.
Provides for: (1) designation priority to be given to top performing enterprise communities; and (2) additional specified grants and grant amounts for rural empowerment zones and rural enterprise communities.
Authorizes the Secretary of Agriculture to use certain community planning amounts under the Social Security Act to help communities apply for empowerment zone or enterprise community designation.
Amends the Federal Agricultural Improvement and Reform Act of 1996 to authorize conveyance of Department of Agriculture excess property to support empowerment zones and enterprise communities.