Bill · S. 4584· Senate(119-S-4584)
Norma Ruth Criswell Carpenter & Clovis C. Criswell Grant Parish Restoration Act of 2026
- Introduced
- 5/20/2026
- Last activity
- 5/20/2026 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Bill Cassidy
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill, titled the ``Norma Ruth Criswell Carpenter & Clovis C. Criswell Grant Parish Restoration Act of 2026'', aims to amend the Internal Revenue Code of 1986. It seeks to expand the new markets tax credit. Specifically, it modifies rules for high migration rural counties regarding the institutionalized group quarters population. It also creates a special rule for counties where the federal government owns a large portion of land. This special rule adjusts population density requirements for certain census tracts.
Yes· 3 of 12
Would Native Americans be better off under this?+5
The bill ensures that land held in trust for Native Americans does not count toward the federal land threshold, helping those communities access economic benefits.
Would people in rural areas be better off under this?+5
The bill adjusts population density requirements to benefit high-migration rural counties.
Does this cut taxes for small businesses?+5
The bill expands the New Markets Tax Credit, which provides tax incentives for investments in specific communities.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Expansion of Tax Credit Eligibility for Rural Counties: By amending the way population is determined to exclude individuals in institutionalized group quarters, the bill may assist high migration rural counties (Section 2).
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Support for Low-Income Communities near Federal Lands: The bill allows for a lower population density threshold of 15 percent instead of 20 percent for census tracts in counties where the federal government owns at least 30 percent of the land (Section 3). This could benefit specific low-income communities where uninhabited federal lands suppress population density (Section 3).
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Protection for Tribal and Military Lands: The bill ensures that land used for military installations or land held in trust for Native Americans is not counted as federal land ownership when determining if a county meets the 30 percent threshold (Section 3). This prevents these specific land types from negatively impacting the density requirements for those communities (Section 3).
Potential Negative Impacts for People
- No negative impacts are explicitly stated in the text provided.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Native Americans+5Good For Rural Residents+5Good For Business Owners+4Good For Low Income Households+4
- Economy And Finance
- Reduces Small Business Taxes+5Improves Small Business Support+4Improves Economic Growth+3Increases Job Creation+3
- Social Issues And Justice
- Improves Racial Equity+4Improves Poverty Reduction+3
- Environment Energy And Infrastructure
- Improves Rural Development+5
- National Security And Foreign Policy
- Improves Veterans Benefits+2
- 5/20/2026
- Read twice and referred to the Committee on Finance.
- Introduced in Senate