States that: (1) empowerment zones in Pulaski County, Arkansas, Oklahoma City, Oklahoma, and Yonkers, New York, shall not include any portion of a central business district (as such term is used for purposes of the most recent Census of Retail Trade) unless the poverty rate for each population census tract in such district is not less than 25 percent; and (2) such exemption shall be considered to have taken affect when the area was designated as an empowerment zone by the Secretary of Housing and Urban Development.
Actions
Oct 7, 2002
Read twice and referred to the Committee on Finance.