S. 2596

A bill to modify the boundaries for a certain empowerment zone designation.

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II

109th CONGRESS

2d Session

S. 2596

IN THE SENATE OF THE UNITED STATES

April 7, 2006

Ms. Snowe (for herself and Ms. Collins) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To modify the boundaries for a certain empowerment zone designation.

1.

Modification of boundary of Aroostook County empowerment zone

(a)

In general

The Aroostook County empowerment zone shall include, in addition to the area designated as of the date of the enactment of this Act, the remaining area of the county not included in such designation, notwithstanding the size requirement of section 1392(a)(3)(A) of the Internal Revenue Code of 1986 and the population requirements of section 1392(a)(1)(B) of such Code.

(b)

Effective date

Subsection (a) shall take effect as of the effective date of the designation of the Aroostook County empowerment zone by the Secretary of Agriculture.