0
0

Empowering Jobs Act of 2015

1/11/2023, 1:28 PM

Congressional Summary of S 408

Empowering Jobs Act of 2015

Amends the Internal Revenue Code, with respect to tax-exempt enterprise zone facility bonds and empowerment zones, to: (1) include as employees of a qualified business entity employees who are residents of an empowerment zone, an enterprise community, or a qualified low-income community; and (2) extend the period of designation for empowerment zones through December 31, 2016 (thus extending the eligibility of such zones for certain tax benefits).

Read the Full Bill

Formatted TextPDFFormatted XML

Current Status of Bill S 408

Bill S 408 is currently in the status of Bill Introduced since February 5, 2015. Bill S 408 was introduced during Congress 114 and was introduced to the Senate on February 5, 2015.  Bill S 408's most recent activity was Read twice and referred to the Committee on Finance. as of February 5, 2015

Bipartisan Support of Bill S 408

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 408

Primary Policy Focus

Taxation

Potential Impact Areas

- Economic development
- Income tax exclusion
- Rural conditions and development
- Securities
- Urban and suburban affairs and development

Alternate Title(s) of Bill S 408

Empowering Jobs Act of 2015
A bill to amend the Internal Revenue Code of 1986 to modify the rules for tax-exempt enterprise zone facility bonds and to extend the tax incentives for empowerment zones.
Empowering Jobs Act of 2015

Comments

Sponsors and Cosponsors of S 408

Debbie Stabenow
Debbie Stabenow
MichiganDemocrat
Roy Blunt
Roy Blunt
MissouriRepublican

Latest Bills

SEPTIC Act
Bill HR 8280April 21, 2026
Original Alternative Data for Additional Credit FHA Pilot Program Reauthorization Act
Bill HR 8292April 21, 2026
RED Tape Act
Bill HR 6398April 21, 2026
District of Columbia Firearm Freedom Act
Bill HR 8297April 21, 2026
CREATES Act
Bill HR 8304April 21, 2026
Abolish the CMMI Act
Bill HR 8293April 21, 2026
SCALE Act
Bill HR 8306April 21, 2026
Preparing Superfund for Climate Change Act of 2026
Bill HR 8296April 21, 2026
RSF Terrorist Designation Act
Bill HR 8301April 21, 2026
Guard Equal Benefits for Federal Missions Act
Bill HR 8281April 21, 2026
Consolidated Appropriations Act, 2016
Bill HR 2029April 5, 2023