Bill115th CongressFiled Sep 25, 2018Taxation
H.R. 6890
CAPITAL Act of 2018
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Sep 25, 2018)
Creating Advancement and Personal Improvement in Targeted American Localities Act of 2018 or the CAPITAL 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.)
What just happenedSep 25, 2018
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Meadows, Mark [R-NC-11](R-NC)Sponsor
7 cosponsors7 R
7cosponsors1committees3actions6subjects
- Introduced in HouseSep 25, 2018
- Sep 25, 2018IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Sep 25, 2018IntroReferralIntro-H
Introduced in House
- Sep 25, 2018IntroReferral1000
Introduced in House