This bill is currently in the early stages of the legislative process after being sent to the Senate Committee on Finance for review. It is considered active, but there are no upcoming votes or hearings scheduled at this time. There is no companion bill listed for this legislation.
Legislative Progress
Senate
House
President
Law
Unlikely to pass
This bill focuses on a very specific set of rural areas, which makes it harder to get support from the whole country. Most bills like this do not make it out of the Senate Finance Committee.
Key Points
This bill changes how the government decides which poor areas qualify for special tax breaks. It focuses on rural places where many people are moving away and counties where the federal government owns a lot of the land.
It changes the math for rural areas by ignoring people living in places like prisons or nursing homes when counting the population. This helps ensure the data reflects the actual residents who need economic help.
In counties where the federal government owns at least 30 percent of the land, the bill makes it easier to qualify for tax credits. It lowers the required poverty rate from 20 percent down to 15 percent for these specific areas.
Military bases and land held in trust for Native American tribes do not count toward the federal land total. This ensures the focus remains on public lands like national forests or parks that might limit local tax revenue.
The goal is to encourage more private investment in struggling communities. By expanding these tax credits, the bill aims to bring new businesses and jobs to rural parts of the country that have been left behind.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
2 milestones2 actions
May 20, 2026Senate
Read twice and referred to the Committee on Finance.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
May 20, 2026
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
No votes, news coverage, or related bills recorded for this bill yet.
Source Information
Document Type
Congressional Bill
Official Title
Norma Ruth Criswell Carpenter & Clovis C. Criswell Grant Parish Restoration Act of 2026
Bill NumberS 4584
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Finance.