3.0.0 1034 2023-01-11T19:47:45Z 2023-01-11T19:47:45Z Senate S S 2007-03-29 110 ssfi00 Finance Committee Senate Standing Referred to 2007-03-29T16:22:38Z 2007-03-29 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2007-03-29 Introduced in Senate IntroReferral 10000 9 Library of Congress C001041 Sen. Clinton, Hillary Rodham [D-NY] HILLARY CLINTON D NY R N Housing and Community Development Block grants Business education Capital gains tax Commerce Community development Economics and Public Finance Education Entrepreneurs Finance and Financial Sector Government Operations and Politics Government lending Grants-in-aid Higher education Home ownership Housing finance Income tax Infrastructure Labor and Employment Loans Losses Marketing Rural economic development Rural education Scholarships Small business Student loan funds Tax credits Tax deductions Tax exclusion Taxation Wages Housing and Community Development 00 2007-03-29 Introduced in Senate 2007-05-21T21:15:43Z Rural Investment to Strengthen our Economy Act of 2007 or Rural RISE Act - Amends the Internal Revenue Code to: (1) allow a capital loss deduction with respect to the sale or exchange of a principal residence in certain rural areas; and (2) expand the work opportunity tax credit to include a qualified small business employee as a targeted group member.

Authorizes the Secretary of Education to carry out a program for the forgiveness of student loans for certain rural students who obtain a degree.

Amends the Consolidated Farm and Rural Development Act to direct the Secretary of Agriculture to establish a: (1) rural entrepreneurship and microenterprise program; and (2) rural regional entrepreneurship program.

Requires the Secretary of Labor to award grants to: (1) regional skill alliances (business consortia) serving certain rural areas to assist in the development of job skills necessary for employment in specific industries; and (2) states to assist businesses, organizations, and agencies representing such industries in conducting planning to form such alliances.

]]> Rural RISE Act Official Title as Introduced A bill to create investment opportunities for rural families and access to credit for rural entrepreneurs and microenterprises, to support rural regional investment, and for other purposes. Introduced in Senate IS Display Title Rural RISE Act Short Titles as Introduced Rural RISE Act Short Titles as Introduced Rural Investment to Strengthen our Economy Act of 2007 Introduced in Senate 2007-03-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s1034is/xml/BILLS-110s1034is.xml 2007-03-29 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.