; and . 11. Tax incentives (a) New markets tax credit and guidelines for qualified community development entities (1) In general Not later than 1 year after the date of the enactment of this Act, the Secretary of the Treasury shall issue guidelines for the creation and operation of community development entities focused on the creative industries or occupations, which would allow such entities to be treated as qualified community development entities for purposes of section 45D(c) of the Internal Revenue Code of 1986. (2) Extension of new markets tax credit national limitation Subparagraph (H) of section 45D(f)(1) of such Code is amended by striking 2020 and inserting 2022 . (b) Work opportunity credit for hiring certain displaced workers (1) In general Paragraph (1) of section 51(d) of the Internal Revenue Code of 1986 is amended by striking or at the end of subparagraph (I), by striking the period at the end of subparagraph (J) and inserting , or , and by adding at the end the following new subparagraph: (xi) a qualified displaced worker. . (2) Qualified displaced worker Subsection (d) of section 51 of such Code is amended by adding at the end the following new paragraph: (P) Qualified displaced worker The term qualified displaced worker means an individual who, immediately before beginning work for the employer— (i) is an eligible TAA recipient (as defined in section 35(c)(2)), (ii) is an eligible alternative TAA recipient (as defined in section 35(c)(3)), or (iii) is eligible for employment and training activities for dislocated workers under chapter 3 of subtitle B of title I of the Workforce Innovation and Opportunity Act ( 29 U.S.C. 3171 et seq.) or assistance under section 170 of such Act ( 29 U.S.C. 3225 ). . (3) Effective date The amendments made by this subsection shall apply to individuals beginning work for the employer after the date of the enactment of this Act. (c) Above-the-Line deduction of expenses of performing artists (1) In general Section 62(a)(2)(B) of the Internal Revenue Code of 1986 is