Norma Ruth Criswell Carpenter & Clovis C. Criswell Grant Parish Restoration Act of 2026

This bill changes the rules for the federal new markets tax credit, which supports investments in low-income communities. When deciding whether a rural county qualifies as a high-migration county, the bill would leave out people living in institutional group quarters, such as prisons, from the census population count. It would also lower the poverty rate a census tract needs to qualify as a low-income community from 20 percent to 15 percent in counties where the federal government owned at least 30 percent of the land on December 31, 2025. Military installations and federal land held in trust for Native Americans would not count toward that 30 percent.

Full text and official record on Congress.gov

Sponsors

• Bill Cassidy Republican sponsor
• 0 cosponsors