H.R.3535 - Revitalize Our Cities Act

To amend the Internal Revenue Code of 1986 to authorize new empowerment zone designations for urban areas with high unemployment and high foreclosure rates, and for other purposes. view all titles (3)

All Bill Titles

  • Short: Revitalize Our Cities Act as introduced.
  • Official: To amend the Internal Revenue Code of 1986 to authorize new empowerment zone designations for urban areas with high unemployment and high foreclosure rates, and for other purposes. as introduced.
  • Official: To amend the Internal Revenue Code of 1986 to authorize a new empowerment zone designations for urban areas with high unemployment and high foreclosure rates, and for other purposes. as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
11/19/13
 
 
 
 
 
 
 

Official Summary

Revitalize Our Cities Act - Amends the Internal Revenue Code to extend through 2016 the period for designating an empowerment zone (an area in which tax incentives are allowed to increase investment and employment). Authorizes the Secretary of the Treasury to designate, prior to January 1,

Official Summary

Revitalize Our Cities Act - Amends the Internal Revenue Code to extend through 2016 the period for designating an empowerment zone (an area in which tax incentives are allowed to increase investment and employment). Authorizes the Secretary of the Treasury to designate, prior to January 1, 2015, 20 additional empowerment zones in urban areas in which the average unemployment rate and the average rate of residential and commercial foreclosures are each higher than that of the state within which the area is located for the period beginning January 1, 2009, and ending with the date of enactment of this Act.

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