3.0.0 1627 2023-01-12T17:52:48Z 2023-01-12T17:52:48Z Senate S S 2007-06-14 110 ssfi00 Finance Committee Senate Standing Referred to 2007-06-14T22:47:35Z 110 2578 HR 2007-06-06 Referred to the House Committee on Ways and Means. Related bill CRS 2007-06-14 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2007-06-14 Introduced in Senate IntroReferral 10000 9 Library of Congress L000035 Sen. Lincoln, Blanche L. [D-AR] BLANCHE LINCOLN D AR LAMBERT N S000663 Sen. Snowe, Olympia J. [R-ME] Olympia Snowe R ME J. 2007-06-14 True L000550 Sen. Landrieu, Mary L. [D-LA] MARY LANDRIEU D LA 2007-06-14 True L000447 Sen. Lott, Trent [R-MS] CHESTER LOTT R MS TRENT 2007-06-14 True S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. 2007-06-14 True V000127 Sen. Vitter, David [R-LA] David Vitter R LA 2007-06-14 True R000361 Sen. Rockefeller, John D., IV [D-WV] JAY ROCKEFELLER D WV 2007-06-14 True C001035 Sen. Collins, Susan M. [R-ME] Susan Collins R ME M. 2007-06-14 True C001041 Sen. Clinton, Hillary Rodham [D-NY] HILLARY CLINTON D NY R 2007-06-14 True I000024 Sen. Inhofe, James M. [R-OK] Jim Inhofe R OK 2007-06-14 True B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH 2007-09-05 False P000590 Sen. Pryor, Mark L. [D-AR] Mark Pryor D AR Lunsford 2007-09-06 False L000261 Sen. Levin, Carl [D-MI] CARL LEVIN D MI MILTON 2007-09-10 False I000055 Sen. Isakson, Johnny [R-GA] Johnny Isakson R GA 2007-09-19 False R000307 Sen. Roberts, Pat [R-KS] PAT ROBERTS R KS 2007-09-19 False M001162 Sen. Martinez, Mel [R-FL] Mel Martinez R FL 2007-09-24 False C000286 Sen. Chambliss, Saxby [R-GA] SAXBY CHAMBLISS R GA 2007-10-01 False C000567 Sen. Cochran, Thad [R-MS] Thad Cochran R MS 2007-10-01 False O000167 Sen. Obama, Barack [D-IL] Barack Obama D IL 2007-10-17 False K000148 Sen. Kerry, John F. [D-MA] JOHN KERRY D MA FORBES 2007-11-15 False S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2008-02-12 False C000127 Sen. Cantwell, Maria [D-WA] Maria Cantwell D WA 2008-03-31 False D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2008-05-06 False L000304 Sen. Lieberman, Joseph I. [ID-CT] JOSEPH LIEBERMAN ID CT I. 2008-09-16 False S001141 Sen. Sessions, Jeff [R-AL] Jeff Sessions R AL 2008-09-26 False Taxation Bonds Construction costs Economics and Public Finance Enterprise zones Finance and Financial Sector Housing and Community Development Income tax Labor and Employment Residence requirements Rural economic development Tax credits Tax deductions Tax exemption Urban affairs Wages Taxation

00 2007-06-14 Introduced in Senate 2007-07-03T20:56:33Z Empowerment Zone and Renewal Community Enhancement Act of 2007 - Amends Internal Revenue Code provisions relating to tax-preferred empowerment zones, rural enterprise communities, and renewal communities to: (1) extend the period of designation for such areas through 2015; (2) provide a safe harbor standard for employee residency requirements in empowerment zones; (3) eliminate certain residency requirements for the empowerment zone employment tax credit; (4) grant authority to expand the boundaries of empowerment zones and enterprise communities, including those located in rural areas; (5) allow carryovers of unused expensing allowances for enterprise zone businesses; (6) allow certain empowerment zone businesses to elect to receive payments in lieu of tax benefits; (7) allow federal guarantees and tax exemptions for enterprise zones and renewal communities; and (8) allow the issuance of tax-exempt rural enterprise community bonds.

]]>

Display Title Official Title as Introduced Introduced in Senate IS Short Titles as Introduced Introduced in Senate 2007-06-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s1627is/xml/BILLS-110s1627is.xml 2007-06-14 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.