Enterprise Zones: Hearings Before the Subcommittee on Economic Stabilization of the Committee on Banking, Finance and Urban Affairs, House of Representatives, Ninety-seventh Congress, Second Session, July 13 and 14, 1982 |
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Common terms and phrases
activities additional Administration Administration's assistance Bedford-Stuyvesant benefits Bridgeport capital gains tax census tracts Chairman Committee Community Development Congress Connecticut cost create development corporation distressed economic development effective eligible employees employment enterprise zone concept enterprise zone legislation enterprise zone program enterprise zone proposal Enterprise Zone Tax exemption federal enterprise zone federal government financing foreign trade zones funds GARCIA going housing improve income tax industrial infrastructure inner city investors Jack Kemp job creation job training Kemp labor least loans located Lyons MCKINNEY ment MESBIC neighborhood opportunity organizations package percent potential prise zone private sector problems property tax Puerto Rico qualify regulations rehabilitation requirements revenue Robert Garcia small businesses South Bronx South Norwalk Subcommittee targeted tax incentives taxable tion UDAG urban areas urban development urban enterprise zones venture capital Washington workers York zone areas zone businesses zone designation zone residents
Popular passages
Page 208 - The Secretary shall prescribe such regulations as may be necessary or appropriate to carry out the provisions of this title.
Page 165 - HOUSE OF REPRESENTATIVES, SUBCOMMITTEE ON ECONOMIC STABILIZATION OF THE COMMITTEE ON BANKING, FINANCE AND URBAN AFFAIRS, Washington, DC The subcommittee met at 9 :35 am in room 2128 of the Rayburn House Office Building, Hon.
Page 151 - seed money" may come from an affluent relative, a group of friends always on the lookout for capital gains, a friendly banker who is willing "to stretch a point", and (most importantly) that great American reservoir of risk capital — the markets for new security issues. In the ghetto economy, affluent friends or relatives are rare. Discretionary investment funds are meager; the capital gains opportunity holds little allure. There are no security markets either in the ghetto or downtown for "new...
Page 89 - AN ACT To provide for the establishment, operation, and maintenance of foreign-trade zones in ports of entry of the United States, to expedite and encourage foreign commerce, and for other purposes.
Page 152 - hip-pocket" lenders. These "six-for-five" loansharks finance purchases of appliances or clothing in the ghetto; but their astronomical rates prevent any form of borrowing for the purpose of developing either a healthy commercial enterprise or the ownership of capital or property.
Page 208 - Section 208 of the Social Security Act is amended by inserting after subsection (g) the following new subsection : "(h) discloses, uses, or compels the disclosure of the social security number of any person in violation of the laws of the United States; (2) section 208(g)(2) of such Act is amended by adding "or
Page 91 - The business and property of every such corporation shall be managed and conducted by a board of directors, consisting of not less than five nor more than nine...
Page 296 - Commitments from public or private entities in the area to provide jobs, job training, and technical, financial, or other assistance to employees and residents of the area.
Page 20 - ... Senator. As I say, I deplore every one of these revelations that has come out, but I also want to tell you that I do not think it is necessary for us to be lectured on our conduct. The very fact that these things can be exposed in our country, that very fact shows what our country is all about. I might say that, as far as I am concerned, I would like to formally apologize to the Iranian Government, provided that they will be willing to submit from the Shah on down to investigations by your various...
Page 111 - I would like to thank you and other members of the committee for allowing me to speak to you.