I 

111TH CONGRESS 

2D SESSION H. R. 6288 

To amend the Internal Revenue Code of 1986 to extend the benefits of 

empowerment zones and enterprise communities if those zones and communities are determined to still qualify for designation. 

IN THE HOUSE OF REPRESENTATIVES 

SEPTEMBER 29, 2010 

Mr. COLE (for himself and Mr. BOREN) 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 extend 

the benefits of empowerment zones and enterprise communities if those zones and communities are determined 

to still qualify for designation. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Restoring Our Local 

5 Economies Act of 2010’’. 


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1 SEC. 2. EMPOWERMENT ZONE AND ENTERPRISE COMMU2 NITY TAX INCENTIVES. 

3 (a) IN GENERAL.—Subsection (d) of section 1391 of 

4 the Internal Revenue Code of 1986 is amended by adding 

5 at the end the following new paragraph: 

6 ‘‘(3) SPECIAL RULES FOR CERTAIN EMPOWER7 MENT ZONES AND ENTERPRISE COMMUNITIES.— 

8 ‘‘(A) IN GENERAL.—In the case of a quali9 fying zone— 

10 ‘‘(i) paragraph (1)(A)(i) and sub11 section (h)(2), as the case may be, shall be 

12 applied by substituting ‘December 31, 

13 2014’ for ‘December 31, 2009’, and 

14 ‘‘(ii) paragraph (1)(A)(ii) shall be ap15 plied by substituting ‘15th calendar year’ 

16 for ‘10th calendar year’. 

17 ‘‘(B) QUALIFYING ZONE.—For purposes of 

18 this paragraph, the term ‘qualifying zone’ 

19 means any empowerment zone or enterprise 

20 community designated under this section if— 

21 ‘‘(i) the governments which nominated 

22 such zone for designation under this sec23 tion— 

24 ‘‘(I) request an extension under 

25 this paragraph, and 


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1 ‘‘(II) submit to the appropriate 

2 Secretary such information as such 

3 Secretary may require to determine 

4 whether such governments are com5 plying substantially with, and making 

6 progress in achieving the benchmarks 

7 set forth in, the strategic plan under 

8 subsection (f)(2), and 

9 ‘‘(ii) the appropriate Secretary deter10 mines that there is such substantial com11 pliance and progress.’’. 

12 (b) TREATMENT OF CERTAIN TERMINATION DATES

13 SPECIFIED IN NOMINATIONS.—In the case of a designa14 tion of an empowerment zone or enterprise community the 

15 nomination for which included a termination date which 

16 is contemporaneous with the date specified in subpara17 graph (A)(i) of section 1391(d)(1) of the Internal Revenue 

18 Code of 1986 (as in effect before the enactment of this 

19 Act), subparagraph (B) of such section shall not apply 

20 with respect to such designation unless, after the date of 

21 the enactment of this section, the entity which made such 

22 nomination reconfirms such termination date, or amends 

23 the nomination to provide for a new termination date, in 

24 such manner as the Secretary of the Treasury (or the Sec25 retary’s designee) may provide. 


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1 (c) EFFECTIVE DATE.—The amendments made by 

2 this section shall apply to periods after December 31, 

3 2009. 

Æ 


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