A bill to amend the Internal Revenue Code of 1954 to allow a double investment credit for certain property placed in service in rural areas which will assist in providing new employment opportunities.
Rural Job and Business Development Tax Act - Allows a double investment credit under the Internal Revenue Code for property placed in service in rural areas which will assist in providing new employment opportunities. (Adds 26 U.S.C. 46(c)(5))
Introduced in Senate
Referred to Senate Committee on Finance.
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