,,ii  #aadth ,,congress  #ast ,session  
,s4 #baae  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,october #a1   
#bjae ,mr4 ,flake introduced the        
following bill2 which was read twice and
 referred to the ,committee on the      
,judiciary  ,a ,,bill  ,to continue job 
creation and the promotion of investment
 through improvements to targeted       
employment areas4  #a4 ,short title     
,this ,act may be cited as the ,targeted
 ,employment ,areas ,improvement ,act4  
#b4 ,targeted employment areas ,section 
#bjc7;b77#e77;,b7 7#h ,u4,s4,c4         
#aaec7;b77#e77;,b77 is amended to read  
as follows3  7,b7 ,set aside for        
targeted employment areas  7i7 ,in      
general ,not fewer than #e1jjj of the   
visas made available under this         
paragraph in each fiscal year shall be  
reserved for qualified immigrants who   
invest in a new commercial enterprise   
described in subparagraph 7,a7 that--   
7,i7 is investing such capital in a     
targeted employment area2 and  7,,ii7   

will create employment in such targeted 
employment area4  7ii7 ,duration of     
targeted employment area designation    
7,i7 ,in general ,a designation of a    
high unemployment area as a targeted    
employment area-- 7aa7 shall be valid   
for #e years2 and  7bb7 may be renewed  
for additional #e-year periods if the   
area continues to meet the definition of
 high unemployment area under clause    
7iii74  7,,ii7 ,effect of designation   
expiration ,an investor who makes the   
required investment under this paragraph
 in a targeted employment area shall not
 be required to increase the amount of  
such investment upon the expiration of  
such designation4  7iii7 ,definitions   
,in this subparagraph3 7,i7 ,high       
unemployment area ,the term high        
unemployment area means an area that--  
7aa7 consists of a census tract1 or a   
group of census tracts that are         
economically integrated in light of     
commuter flow patterns based on ,federal
 data sets1 with an unemployment rate   

that is at least #aej percent of the    
national average unemployment rate2 or  
7bb7 is within the boundaries           
established for purposes of-- 7,,aa7 a  
,federal or ,state economic development 
incentive program1 including any area   
designated by the ,federal ,government  
or a ,state as an enterprise zone1 a    
renewal community1 a promise zone1 or an
 empowerment zone2 or 7,,bb7 any        
,federal or ,state program designed to  
create jobs1 start small businesses1 or 
revitalize neighborhoods4  7,,ii7 ,rural
 area ,the term rural area means-- 7aa7 
any area other than an area within a    
metropolitan statistical area unless it 
is a town on the outer boundary of a    
metropolitan statistical area with a    
population of #bj1jjj or fewer residents
 7based on the most recent decennial    
census of the ,united ,states72  7bb7   
any city or town having a population of 
fewer than #bj1jjj residents 7based on  
the most recent decennial census of the 
,united ,states7 that is located within 

a ,state having a population of fewer   
than #a1ejj1jjj residents 7based on such
 census72 or  7cc7 any area located in a
 census tract of a metropolitan         
statistical area if the census tract has
 a population density of fewer than #ejj
 people per square mile 7based on such  
census74  7,,iii7 ,targeted employment  
area ,the term targeted employment area 
means a rural area1 any community       
adversely affected by a recommendation  
by the ,defense ,base ,closure and      
,realignment ,commission1 or a high     
unemployment area4  4