,,ii #aaith ,,congress #b;d ,session ,s4 #dehd ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,may #bj1 #bjbf,mr4 ,cassidy 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 expand the new markets tax credit1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,norma ,ruth ,criswell ,carpenter ,clovis ,c4 ,criswell ,grant ,parish ,restoration ,act of #bjbf4 #b4 ,modification of rules for high migration rural counties under new markets tax credit 7a7 ,in general ,section #de;,d7e77#e77;,b7 of the ,internal ,revenue ,code of #aihf is amended by inserting1 determined without regard to individuals included in the institutionalized group quarters population 7as defined by the ,bureau of the ,census in such census7 before the period at the end4 7b7 ,effective date ,the amendment made by this section shall apply to investments made after the date of the enactment of this ,act4 #c4 ,special new markets tax credit rule for counties in which the ,federal government owns a large portion of land 7a7 ,in general ,section #de;,d7e7 of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following new paragraph3 7#f7 ,low-income communities with population densities suppressed by uninhabited ,federal lands 7,a7 ,in general ,in the case of any population census tract located in a county in which not less than #cj percent of the land is owned by the ,federal ,government on ,december #ca1 #bjbe1 paragraph 7#a77;,a7 shall be applied by substituting #ae percent for #bj percent4 7,b7 ,treatment of military installations ,for purposes of this paragraph1 land used as a military installation shall not be treated as land owned by the ,federal ,government4 7,c7 ,treatment of ,federal lands held in trust for tribes ,for purposes of this paragraph1 land owned by the ,federal ,government and held in trust for ,native ,americans shall not be treated as land owned by the ,federal ,government4 4 7b7 ,effective date ,the amendment made by this section shall apply to investments made after ,december #ca1 #bjbe4