HR 6658 · 112th Congress · Taxation

Urban Competitiveness Act

Introduced 2012-12-13· Sponsored by Rep. Clarke, Hansen [D-MI-13]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2012-12-13)

Plain Language Summary

[AI summary unavailable — showing source text] Urban Competitiveness Act - Amends the Internal Revenue Code to exclude from gross income any capital gain from the sale or exchange of a stock, partnership, or business property interest invested in an enterprise zone area which had an average unemployment rate of not less than 150% of the national average rate during the preceding calendar year and which experienced a population loss of at least 20% during the 10-year period beginning in 2000.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (6)

4 Democrats2 Republicans