,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #cjae  ,,in ,,the ,,house ,,of  
,,representatives  ,august #b1 #bjac    
,mr4 ,cohen introduced the following    
bill2 which was referred to the         
,committee on ,ways and ,means  ,a      
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to provide tax          
incentives for the establishment of     
supermarkets in certain underserved     
areas4  #a4 ,short title ,this ,act may 
be cited as the ,supermarket ,tax       
,credit for ,underserved ,areas ,act4   
#b4 ,tax incentives for establishment of
 supermarkets in certain underserved    
areas  7a7 ,in general ,subchapter ,y of
 chapter #a of the ,internal ,revenue   
,code of #aihf is amended by adding at  
the end the following new part3  ,,iv   
,tax incentives for supermarkets in     
underserved areas  ,sec4 #adjj,v-#a4    
,increased rehabilitation credit4 ,sec4 
#adjj,v-#b4 ,increased work opportunity 
tax credit4 ,sec4 #adjj,v-#c4 ,credit   
for sales of locally grown fresh fruits 

and vegetables4 ,sec4 #adjj,v-#d4       
,definitions4  #adjj,v-#a4 ,increased   
rehabilitation credit  7a7 ,in general  
,in the case of a qualified             
rehabilitated building 7as defined in   
section #dg7 which is an underserved    
area supermarket1 subsection 7a7 of     
section #dg shall be applied--  7#a7 by 
substituting #ab percent for #aj percent
 in paragraph 7#a71 and  7#b7 by        
substituting #bd percent for #bj percent
 in paragraph 7#b74  7b7 ,underserved   
area supermarket ,for purposes of       
subsection 7a71 a qualified             
rehabilitated building shall be treated 
as meeting the requirements of          
subparagraphs 7,a71 7,b71 7,c71 and 7,d7
 of section #adjj,v-#d7;a77#b7 if it is 
reasonable to believe that such building
 will meet such requirements as of the  
close of the taxable year in which such 
building is placed in service4  7c7     
,termination ,subsection 7a7 shall only 
apply to buildings placed in service    
after ,december #ca1 #bjac1 and before  

,january #a1 #bjaf4  #adjj,v-#b4        
,increased work opportunity tax credit  
7a7 ,in general ,in the case of an      
individual employed in the trade or     
business of operating a new underserved 
area supermarket1 the limitation        
otherwise in effect under paragraph 7#c7
 of section #ea7;b7 with respect to such
 individual shall be increased by       
#a1jjj4  7b7 ,termination ,subsection   
7a7 shall only apply to wages paid in   
taxable years beginning after ,december 
#ca1 #bjac1 and before ,january #a1     
#bjai4  #adjj,v-#c4 ,credit for sales of
 locally grown fresh fruits and         
vegetables  7a7 ,in general ,for        
purposes of section #ch1 the underserved
 area supermarket fruit and vegetable   
credit determined under this section for
 the taxable year is #ae percent of the 
gross receipts from the retail sale of  
locally grown fresh fruits and          
vegetables in the trade or business of  
operating a new underserved area        
supermarket4  7b7 ,termination          

,subsection 7a7 shall only apply to     
taxable years beginning after ,december 
#ca1 #bjad1 and before ,january #a1     
#bjai4  #adjj,v-#d4 ,definitions ,for   
purposes of this part--  7#a7           
,underserved area supermarket ,the term 
underserved area supermarket means any  
supermarket located in an underserved   
area4  7#b7 ,new underserved area       
supermarket ,the term new underserved   
area supermarket means any underserved  
area supermarket which--  7,a7 is placed
 in service after ,december #ca1 #bjac1 
and  7,b7 was not a supermarket at any  
time during the #c-year period ending on
 the date such underserved area         
supermarket is placed in service4  7#c7 
,supermarket ,the term supermarket means
 any building if--  7,a7 not less than  
#ab1jjj square feet and not more than   
#hj1jjj square feet of such building is 
used for selling items at retail1  7,b7 
at least #g percent of the square feet  
of such building which is used for      
selling items at retail is used for     

selling produce1 meat1 fish1 deli1 and  
dairy items1  7,c7 gross sales of items 
sold at retail from such building exceed
 #b1jjj1jjj annually1 and  7,d7 at least
 #g percent of such gross sales are     
attributable to sales of produce1 meat1 
fish1 deli1 and dairy items4  7#d7      
,underserved area ,the term underserved 
area means--  7,a7 any enterprise       
community or empowerment zone with a    
designation in effect under section     
#acia1 and  7,b7 any renewal community  
with respect to which a designation was 
in effect under section #adjj;,e on     
,december #ca1 #bjji4  4  7b7 ,credit   
,to be part of general business credit  
,subsection 7b7 of section #ch of such  
,code 7relating to general business     
credit7 is amended by striking plus at  
the end of paragraph 7#ce71 by striking 
the period at the end of paragraph 7#cf7
 and inserting 1 plus1 and by adding at 
the end the following new paragraph3    
7#cg7 the underserved area supermarket  
fruit and vegetable credit determined   

under section #adjj,v-#c4  4  7c7       
,clerical amendment ,the table of parts 
for subchapter ,y of chapter #a of such 
,code is amended by adding at the end   
the following new item3  ,part ,,iv4    
,tax incentives for supermarkets in     
underserved areas4  4  7d7 ,effective   
date ,the amendments made by this       
section shall apply to taxable years    
beginning after ,december #ca1 #bjac4