,,ii  #aaeth ,,congress  #ast ,session  
,s4 #aidf  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,october #e1   
#bjag,mr4 ,menendez introduced the      
following bill2 which was read twice and
 referred to the ,committee on ,finance 
,a ,,bill  ,to amend the ,internal      
,revenue ,code of #aihf to allow        
unpopulated census tracts that are      
contiguous to low-income communities to 
be treated as low-income communities    
under the new markets tax credit4  #a4  
,treatment of certain unpopulated census
 tracts under new markets tax credit    
7a7 ,in general ,section                
#de;,d7e77#d77;,a7 of the ,internal     
,revenue ,code of #aihf is amended--    
7#a7 by striking is within and inserting
  is-- 7i7 within  2  7#b7 by striking  
and at the end and inserting or2 and    
7#c7 by adding at the end the following 
new clause3  7ii7 a census tract with a 
population of zero1 and  4  7b7         
,effective date ,the amendments made by 
this section shall apply to investments 

made after the date of the enactment of 
this ,act4