H.R. 3500 · 111th Congress
SURGE Act of 2009
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
MaffeiSponsorNo cosponsors.
Small and Medium Urban Regions Growth and Empowerment Act of 2009 or the SURGE Act of 2009 - Amends Internal Revenue Code provisions relating to tax-preferred empowerment zones, rural enterprise communities, and renewal communities to: (1) extend the period of designation for such areas through 2019; (2) expand the types of businesses eligible for…
What it does: CRS summary · Introduced in House · Jul 31, 2009
Small and Medium Urban Regions Growth and Empowerment Act of 2009 or the SURGE Act of 2009 - Amends Internal Revenue Code provisions relating to tax-preferred empowerment zones, rural enterprise communities, and renewal communities to: (1) extend the period of designation for such areas through 2019; (2) expand the types of businesses eligible for empowerment zone tax incentives; (3) grant authority to expand the boundaries of empowerment zones and enterprise communities, including those located in rural areas; (4) expand the use of tax-exempt Gulf Opportunity Zone and facility bonds in such areas; and (5) authorize the Secretary of the Treasury to make grants to states, local governments, or nonprofit organizations to make businesses aware of the tax benefits of enterprise zones and to provide technical assistance to small businesses eligible for such benefits.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: SURGE Act of 2009
Also known as: Small and Medium Urban Regions Growth and Empowerment Act of 2009
Latest action (Jul 31, 2009): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Jul 31, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.