US Congress House Bill 3584 (Prior Session Legislation)

---

Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Introduced on July 28 2017 - 25% progression, died in committee
Action: 2017-07-28 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

To amend the Internal Revenue Code of 1986 to extend certain credits against tax related to empowerment zones. This bill amends the Internal Revenue Code, with respect to empowerment zones, to: (1) extend the termination date for empowerment zone designations to December 31, 2020, and (2) allow nominations for existing zones to be amended to provide for the new termination date. (Empowerment zones are federally designated geographic areas where certain federal tax incentives and grants are allowed to increase investment and employment.) The bill also extends the $400 million annual limitation for qualified zone academy bonds to 2018, 2019, and 2020. (Under current law, the limit is zero after 2016 unless provisions permitting the carryover of unused limitation apply.)

To amend the Internal Revenue Code of 1986 to extend certain credits against tax related to empowerment zones.

Rep. Adriano Espaillat [D-NY]	Rep. Jose Serrano [D-NY]	Rep. Nydia Velazquez [D-NY]	Rep. Harold Rogers [R-KY]
Rep. Eleanor Norton [D-DC]

Date	Chamber	Action
2017-07-28	House	Referred to the House Committee on Ways and Means.
2017-07-28	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/3584/all-info
Text	https://www.congress.gov/115/bills/hr3584/BILLS-115hr3584ih.pdf