HR 6658 · 112th Congress · Taxation
Urban Competitiveness Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: 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