1. Short title This Act may be cited as the Supermarket Tax Credit for Underserved Areas Act . 2. Tax incentives for establishment of supermarkets in certain underserved areas (a) In general Subchapter Y of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new part: IV Tax incentives for supermarkets in underserved areas Sec. 1400V–1. Increased rehabilitation credit. Sec. 1400V–2. Increased work opportunity tax credit. Sec. 1400V–3. Credit for sales of locally grown fresh fruits and vegetables. Sec. 1400V–4. Definitions. 1400V–1. Increased rehabilitation credit (a) In general In the case of a qualified rehabilitated building (as defined in section 47) which is an underserved area supermarket, subsection (a) of section 47 shall be applied— (1) by substituting 12 percent for 10 percent in paragraph (1), and (2) by substituting 24 percent for 20 percent in paragraph (2). (b) Underserved area supermarket For purposes of subsection (a), a qualified rehabilitated building shall be treated as meeting the requirements of subparagraphs (A), (B), (C), and (D) of section 1400V–4(a)(2) if it is reasonable to believe that such building will meet such requirements as of the close of the taxable year in which such building is placed in service. (c) Termination Subsection (a) shall only apply to buildings placed in service after December 31, 2017, and before January 1, 2020. 1400V–2. Increased work opportunity tax credit (a) In general In the case of an individual employed in the trade or business of operating a new underserved area supermarket, the limitation otherwise in effect under paragraph (3) of section 51(b) with respect to such individual shall be increased by $1,000. (b) Termination Subsection (a) shall only apply to wages paid in taxable years beginning after December 31, 2017, and before January 1, 2023. 1400V–3. Credit for sales of locally grown fresh fruits and vegetables (a) In general For purposes of section 38, the underserved area supermarket fruit and vegetable