Second. If the city is under 100.000. a 2percent credit is given. Third. If the city is under 50.000 population. a 3percent credit is given. Fourth. If the area bidding is one where unemployment and underemployment exceeds the national average or where serious emigration problems exist. a 2percent credit would be given. The Secretary of Labor would determine at least quarterly those areas of serious emigration. The second bill provides incentives for the establishment of new or expanded jobproducing industrial and commercial establishments in rural areas. The Secretary of Agriculture will designate economically deficient rural areas. Business desiring to locate in these areas will be able to receive increased tax credit for plant investment. accelerated depreciation schedules and additional wage deductions for lowincome workers and training assistance for new employees.
Keywords matched
emigration