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- H.R.5685
H.R.5685: To amend the Internal Revenue Code of 1986 to provide tax incentives for the establishment of supermarkets in certain underserved areas.
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced July 1, 2010
- Latest Major Action July 1, 2010
- See the six similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
12 (All Democrats)
Bill Summary
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, 2010, and before January 1, 2013, in an underserved area (i.e., any enterprise community or empowerment zone and any renewal community); (2) increase by $1,000 the amount of wages paid to an employee of a supermarket in an underserved area that is eligible for the work opportunity tax...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| July 1, 2010 |
Introduced in the House by Steve Cohen (D-Tenn.) |