United States · Bill · S
S. 2597 (113th)
Promise Zone Job Creation Act of 2014
Introduced
14 July 2014
Last action
14 July 2014 · Introduced
Status
Read twice and referred to the Committee on Finance.
Sponsors
Sen. Casey, Robert P., Jr. [D-PA]
Subjects
Housing, Agriculture, Taxation
Source updated
5 December 2025
Housing · Agriculture · Taxation
Summary
Promise Zone Job Creation Act of 2014 - Amends the Internal Revenue Code to direct the Secretary of Housing and Urban Development (HUD) and the Secretary of Agriculture (USDA) to designate up to 20 areas as Promise Zones for purposes of priority consideration in federal grant programs and initiatives. Defines a "Promise Zone" as any area with a continuous boundary and a population of not more than 200,000 that is nominated by a local government or Indian tribe and designated on the basis of its unemployment, poverty, vacancy, and crime rates. Requires an application for designation as a Promise Zone to include a competitiveness plan that addresses the need of the area to attract investment and jobs and improve educational opportunities. Allows: (1) a Promise Zone employment tax credit for wages paid to a qualified zone or resident employee, and (2) expensing of Promise Zone property. Defines "Promise Zone property" as property that is: (1) tangible property with a recovery period of 20 years or less for depreciation purposes, water utility property, computer software, or qualified leasehold improvement property; (2) acquired by purchase for use in the active conduct of a trade or business; and (3) originally placed in service in a Promise Zone.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
14 July 2014
Introduced
Read twice and referred to the Committee on Finance.
Source: IntroReferral
14 July 2014
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 14 July 2014 · Download file
Documents
3 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN · 14 July 2014
Introduced in Senate (PDF)
Introduced in Senate · EN · 14 July 2014
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Introduced in Senate
summary · EN · 14 July 2014
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Sen. Casey, Robert P., Jr. [D-PA] · D · Sponsor
- · ssfi00 · Standing
Related records
- related to → Promise Zone Job Creation Act of 2014
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/113th-congress/senate-bill/2597
- Open data entity: https://api.congress.gov/v3/bill/113/s/2597
- us · 113-s-2597 · source updated 5 December 2025