Hearing On Enterprise Zones Hearing Before the Committee On Small Business Un

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Hearing On Enterprise Zones Hearing Before the Committee On Small Business Un
United States Congress Senate Committee On Smal
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The Secretary of the Interior in consultation with the Enterprise Board would designate up to six Indian reservation tax enterprise zones, one of which may be designated as an empowerment zone. "' Zone designations generally would remain in effect for 10 years. An area's zone designation may be revoked if the local government or State significantly modifies the boundaries or does not comply with its agreed-upon strategic plan for the zone (as described below ).^ 2. Eligibility criteria for zone...s. To be eligible for designation, a nominated area is required to satisfy all of the following objective criteria.
Population limits. A nominated area must have a population of at least 15, 000 (5, 000 for rural zones and no population minimum for Indian reservation zones) and a population no greater than the lesser of (a) 200, 000, or (b) 10 per- cent of the total population of the city (30, 000 for rural zones and no population maximum for Indian reservation zones). * Geographic limitations. A nominated area must be contained within (a) a con- tinuous boundary or, except in the case of a rural area located in more than 1 State, not more than 3 noncontiguous areas, (b) in the case of an urban zone, not more than 2 States (in the case of a contiguous rural zone, not more than 3 contiguous States), (c) no more than 20 square miles (1, 000 square miles if a 2 Rural enterprise zones will be located in areas that are (ll outside a metropolitan statistical area as defined by the Secretary of Commerce, or (2) determined by the Secretary of Agriculture to be a rural area.


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