US SB408 | 2015-2016 | 114th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 5 2015 - 25% progression, died in committee
Action: 2015-02-05 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 5 2015 - 25% progression, died in committee
Action: 2015-02-05 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Empowering Jobs Act of 2015 Amends the Internal Revenue Code, with respect to tax-exempt enterprise zone facility bonds and empowerment zones, to: (1) include as employees of a qualified business entity employees who are residents of an empowerment zone, an enterprise community, or a qualified low-income community; and (2) extend the period of designation for empowerment zones through December 31, 2016 (thus extending the eligibility of such zones for certain tax benefits).
Title
Empowering Jobs Act of 2015
Sponsors
| Sen. Debbie Stabenow [D-MI] | Sen. Roy Blunt [R-MO] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-02-05 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB2029 (Related) 2015-12-18 - Became Public Law No: 114-113. (TXT | PDF)
Subjects
Economic development
Income tax exclusion
Rural conditions and development
Securities
Taxation
Urban and suburban affairs and development
Income tax exclusion
Rural conditions and development
Securities
Taxation
Urban and suburban affairs and development
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/senate-bill/408/all-info |
| Text | https://www.congress.gov/114/bills/s408/BILLS-114s408is.pdf |
