US HB6890 | 2017-2018 | 115th Congress

Status

Spectrum: Partisan Bill (Republican 8-0)
Status: Introduced on September 25 2018 - 25% progression
Action: 2018-09-25 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

CAPITAL Act of 2018 Creating Advancement and Personal Improvement in Targeted American Localities Act of 2018 This bill amends the Internal Revenue Code to allow opportunity zones to be designated every 10 years. (Opportunity zones are certain low-income areas in which various tax incentives are available for investments in the zones. Under current law, the existing designations expire after 10 years, and no additional designations are permitted.)

Tracking Information

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Title

CAPITAL Act of 2018 Creating Advancement and Personal Improvement in Targeted American Localities Act of 2018

Sponsors


History

DateChamberAction
2018-09-25HouseReferred to the House Committee on Ways and Means.
2018-09-25HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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