S-408 : Still Just a Bill

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).

Action Timeline

Action DateTypeTextSource
2015-02-05IntroReferralRead twice and referred to the Committee on Finance.Senate
2015-02-05IntroReferralIntroduced in SenateLibrary of Congress

Policy Area :

Taxation
See Subjects
  • Economic development
  • Income tax exclusion
  • Rural conditions and development
  • Securities
  • Urban and suburban affairs and development

Related Bills

See Related Bills