Bill115th CongressFiled Dec 10, 2018Taxation
H.R. 7242
Disaster Recovery and Opportunity Act of 2018
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
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Became LawLaw
What it doesSummary introduced in house (Dec 10, 2018)
Disaster Recovery and Opportunity Act of 2018
This bill amends the Internal Revenue Code to allow the chief executive officer (e.g., governor) of a state to designate certain population census tracts in areas related to federally declared disasters as opportunity zones. This makes investments in the areas eligible for various tax incentives.
What just happenedDec 10, 2018
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Meadows, Mark [R-NC-11](R-NC)Sponsor
1committees3actions3subjects
- Introduced in HouseDec 10, 2018
- Dec 10, 2018IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Dec 10, 2018IntroReferralIntro-H
Introduced in House
- Dec 10, 2018IntroReferral1000
Introduced in House