legislation: 114-s-3

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
114-s-3 114 s 3 Creating Opportunities for Rural Economic Expansion Act Taxation 2016-11-15 2016-11-15 Read twice and referred to the Committee on Finance. Senate Sen. Capito, Shelley Moore [R-WV] WV R C001047 0 Creating Opportunities for Rural Economic Expansion Act or the CORE Act This bill amends the Internal Revenue Code to require at least 5% of the new markets tax credit limitation to be allocated to community development entities in connection with certain investments, financial counseling, and other services in distressed coal communities. A "distressed coal community" is any low-income community located in a county that: (1) was one of the 30 counties with the biggest employment decrease among coal operators over a specified time period; or (2) is contiguous to a county that has the required decrease in employment, is located in the same state, and contains at least one low-income community. 2023-01-11T13:33:58Z  

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