President Obama signed a huge tax and spending package into law on Friday following congressional votes that avoided a year-end showdown over the budget and ended legislative business until lawmakers return in 2016
Empowerment zones were reauthorized only through 2016. Interestingly, however, the bill included a provision that expanded empowerment-zone benefits into some census tracts outside of actual zone boundaries.
It’s not yet clear to me if this empowerment-zone expansion will also affect WOTC’s Designated Community Resident target group.
Read about it in USA Today: “President Obama signs massive spending bill, tax measures into law.”
