Coal Community Empowerment Act of 2017
This bill amends the Internal Revenue Code to authorize tax incentives and grants for areas impacted by employment in coal mines.
Coal Community Zones are counties that either: (1) lost at least 50 coal mining jobs from 2011-2015 out of a total of not more than 20,000 employed workers in 2011, or (2) had at least 5% of their employment in coal mining on average from 2011-2015.
For taxpayers located in or investing in the zones, the bill allows:
The Department of Labor and the Department of Education must jointly establish grant programs for: