From Congressman Evan Jenkins's office:
U.S. Representative Evan Jenkins (R-W.Va.) introduced legislation today to bring millions of dollars to struggling coal communities to spur investment and diversify the economy.
The Creating Opportunities for Rural Economies Act, H.R. 6403, would allocate a portion of available New Markets Tax Credits to be used for development in communities impacted by the downturn in coal. The CORE Act would set aside $525 million in credits over three years to invest in states with significant coal job losses, including heavily impacted communities in West Virginia.
U.S. Senator Shelley Moore Capito introduced the CORE Act, S. 3, in the Senate in November.
“Our coal communities have been hit hard by the downturn in coal and are struggling to attract new industries and create new jobs. They deserve our support and help as they work to diversify their economies and ensure good-paying jobs. The CORE Act will do just that, providing incentives for new businesses to move to coal communities and invest in our people. I want to thank Sen. Capito for her leadership in the Senate on this important issue and legislation. By working together, we can diversify our industries, kickstart our economy, and create new opportunities for West Virginians here in West Virginia,” Rep. Jenkins said.
Rep. Jenkins spoke on the House floor this morning about his bill. Please click here to watch his remarks.
Since 2000, the New Markets Tax Credits program has spurred investment in low-income areas by supporting projects like health care, manufacturing and mixed-use redevelopment.Outsiders think West Virginia magically turned red in 2000 when it backed Bush 43, but it took 14 long years to really do the job. Two of the hardest workers toward that goal were Shelley Moore Capito and Evan Jenkins.
If you think coal is dead, they said the same thing about the Republican Party in West Virginia.
"Trump the Press" skewers media experts who wrongly predicted Trump would lose the Republican nomination. I use my deadliest weapon: their own words. "Trump the Press" is available as a paperback, and on Kindle.
For an autographed copy, email me at DonSurber@GMail.com