H.R.3123: Supermarket Tax Credit for Underserved Areas Act

About This Bill

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Bill Summary

Supermarket Tax Credit for Underserved Areas Act This bill expands the tax credits that are available for the establishment of supermarkets in underserved areas (i.e., any enterprise community or empowerment zone and any renewal community). The bill includes provisions that (1) increase the rate of the rehabilitation tax credit for a supermarket building placed in service after December 31, 2019, and before January 1, 2022, in an underserved...

(Source: Library of Congress)

Bill Actions

Date Description
June 5, 2019
Referred to the House Committee on Ways and Means.
June 5, 2019

Introduced in the House by Steve Cohen (D-Tenn.)

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