H.R.6659 - Urban Recovery and Growth Act

To amend the Internal Revenue Code of 1986 to extend the recovery zone economic development bonds for certain cities. view all titles (2)

All Bill Titles

  • Official: To amend the Internal Revenue Code of 1986 to extend the recovery zone economic development bonds for certain cities. as introduced.
  • Short: Urban Recovery and Growth Act as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
12/13/12
 
 
 
 
 
 
 

Official Summary

Urban Recovery and Growth Act - Amends the Internal Revenue Code to authorize the issuance of economic development extension bonds for the purpose of economic development or refinancing the indebtedness of a city that has an average unemployment rate of not less than 150% of the national av

Official Summary

Urban Recovery and Growth Act - Amends the Internal Revenue Code to authorize the issuance of economic development extension bonds for the purpose of economic development or refinancing the indebtedness of a city that has an average unemployment rate of not less than 150% of the national average in the preceding calendar year and that has lost at least 20% of its population between 2000 and 2010.

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