114 STAT. 2763A-600 PUBLIC LAW 106-554—APPENDIX G shall, pursuant to an audit of the renewal community program established under section 1400E of the Internal Revenue Code of 1986 (as added by subsection (a)) and the empowerment zone and enterprise community program under subchapter U of chapter 1 of such Code, report to Congress on such program and its effect on poverty, unemployment, and economic growth within the designated renewal communities, empowerment zones, and enterprise communities. (d) CLERICAL AMENDMENT.—The table of subchapters for chapter 1 is amended by adding at the end the following new item: "Subchapter X. Renewal Communities.". SEC. 102. WORK OPPORTUNITY CREDIT FOR HIRING YOUTH RESIDING IN RENEWAL COMMUNITIES. (a) HiGH-RiSK YOUTH. —Subparagraphs (A)(ii) and (B) of section 51(d)(5) are each amended by striking "empowerment zone or enterprise community" and inserting "empowerment zone, enterprise community, or renewal community". (b) QUALIFIED SUMMER YOUTH EMPLOYEE. —Clause (iv) of section 51(d)(7)(A) is amended by striking "empowerment zone or enterprise community" and inserting "empowerment zone, enterprise community, or renewal community". (c) HEADINGS. — Paragraphs (5)(B) and (7)(C) of section 51(d) are each amended by inserting "OR COMMUNITY" in the heading after "ZONE". (d) EFFECTIVE DATE. —The amendments made by this section shall apply to individuals who begin work for the employer after December 31, 200 L Subtitle B—Extension and Expansion of Empowerment Zone Incentives SEC. 111. AUTHORITY TO DESIGNATE 9 ADDITIONAL EMPOWERMENT ZONES. Section 1391 is amended by adding at the end the following new subsection: "(h) ADDITIONAL DESIGNATIONS PERMITTED.— "(1) IN GENERAL.—In addition to the areas designated under subsections (a) and (g), the appropriate Secretaries may designate in the aggregate an additional 9 nominated areas as empowerment zones under this section, subject to the availability of eligible nominated areas. Of that number, not more than seven may be designated in urban areas and not more than 2 may be designated in rural areas. " (2) PERIOD DESIGNATIONS MAY BE MADE AND TAKE EFFECT.— ^A designation may be made under this subsection after the date of the enactment of this subsection and before January 1, 2002. Subject to subparagraphs (B) and (C) of subsection (d)(1), such designations shall remain in effect during the period beginning on January 1, 2002, and ending on December 31, 2009. "(3) MODIFICATIONS TO ELIGIBILITY CRITERL\, ETC—The rules of subsection (g)(3) shall apply to designations under this subsection.
�
