HYDE-SMITH COSPONSORS ‘RURAL JOBS ACT’
HYDE-SMITH COSPONSORS ‘RURAL JOBS ACT’
Bipartisan Bill Would Focus New Market Tax Credits toward Fighting Rural Poverty, Creating Jobs
WASHINGTON, D.C. – U.S. Senator Cindy Hyde-Smith (R-Miss.) today cosponsored bipartisan legislation to put greater focus on using New Market Tax Credits (NMTC) to increase job-creating investments in rural communities.
The Rural Jobs Act (S.1671) would expand upon the U.S. Treasury Department program by designating $500 million in NMTC investments for “Rural...