US HB2289 | 2017-2018 | 115th Congress

Status

Spectrum: Partisan Bill (Democrat 8-0)
Status: Introduced on May 2 2017 - 25% progression, died in committee
Action: 2017-05-02 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Supermarket Tax Credit for Underserved Areas Act This bill amends the Internal Revenue Code to: (1) increase the rate of the rehabilitation tax credit for a supermarket building placed in service after December 31, 2017, and before January 1, 2020, in an underserved area (i.e., any enterprise community or empowerment zone and any renewal community); (2) increase by $1,000 the limit on wages eligible for the work opportunity tax credit for employees of a supermarket located in an underserved area; and (3) allow a business-related tax credit for 15% of the gross receipts from the retail sale of locally grown fresh fruits and vegetables in a supermarket in an underserved area.

Tracking Information

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Title

Supermarket Tax Credit for Underserved Areas Act

Sponsors


History

DateChamberAction
2017-05-02HouseReferred to the House Committee on Ways and Means.
2017-05-02HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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