To amend the Internal Revenue Code of 1986 to allow for the expansion of areas designated as renewal communities based on 2000 census data.
Last action on Feb 13, 2003Referred to the House Committee on Ways and Means.
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Summary
Amends the Internal Revenue Code to allow for the expansion of areas designated as renewal communities based upon 2000 census population and poverty rate data.
Authorizes the Secretary of Housing and Urban Development to include certain adjacent areas not meeting population requirements in such renewal community expansion.
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