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Rural Jobs Act: New Tax Credits for Rural Investments.

This act introduces new investment opportunities in less developed rural areas by offering tax credits to businesses. The goal is to create jobs and foster economic development in these regions, potentially improving residents' quality of life through increased access to services and employment opportunities.
Key points
An additional $500 million in 2023 and 2024 for tax credits for investments in designated rural areas.
Investments must target economic development and job creation in rural areas, excluding large cities and their immediate surroundings.
At least 25% of these investments must go to persistent poverty counties or high migration rural counties.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_5026
Sponsor: Rep. Miller, Carol D. [R-WV-1]
Process start date: 2023-07-27
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Rural Jobs Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_5026.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-07-27.

What are the main provisions?

Key points include:

  • An additional $500 million in 2023 and 2024 for tax credits for investments in designated rural areas.
  • Investments must target economic development and job creation in rural areas, excluding large cities and their immediate surroundings.
  • At least 25% of these investments must go to persistent poverty counties or high migration rural counties.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Miller, Carol D. [R-WV-1].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Taxes Economy Public Investments