Summary: S.2028 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for S.2028. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (06/27/2019)

Rural Jobs Act

This bill allocates an additional $500 million in 2019 and 2020 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 not less than 25% of such investments be made in areas that are persistent poverty counties, high migration rural counties, or both.