HR 1542

112th CONGRESS
1st Session

H. R. 1542

To amend the Internal Revenue Code of 1986 to provide tax incentives for the establishment of supermarkets in certain underserved areas.

IN THE HOUSE OF REPRESENTATIVES

April 14, 2011

Mr. COHEN (for himself, Ms. FUDGE, Ms. RICHARDSON, Mr. JOHNSON of Georgia, Mr. CLARKE of Michigan, Ms. NORTON, Mr. BRADY of Pennsylvania, and Mr. BOSWELL) introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To amend the Internal Revenue Code of 1986 to provide tax incentives for the establishment of supermarkets in certain underserved areas.

SECTION 1. SHORT TITLE.

SEC. 2. TAX INCENTIVES FOR ESTABLISHMENT OF SUPERMARKETS IN CERTAIN UNDERSERVED AREAS.

`PART IV--TAX INCENTIVES FOR SUPERMARKETS IN UNDERSERVED AREAS

`SEC. 1400V-1. INCREASED REHABILITATION CREDIT.

`SEC. 1400V-2. INCREASED WORK OPPORTUNITY TAX CREDIT.

`SEC. 1400V-3. CREDIT FOR SALES OF LOCALLY GROWN FRESH FRUITS AND VEGETABLES.

`SEC. 1400V-4. DEFINITIONS.

`Part IV. Tax Incentives for Supermarkets in Underserved Areas'.

END