HR 1852 · 116th Congress · Taxation

CAPITAL Act of 2019

Introduced 2019-03-21· Sponsored by Rep. Meadows, Mark [R-NC-11]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2019-03-21)

Plain Language Summary

[AI summary unavailable — showing source text] Creating Advancement and Personal Improvement in Targeted American Localities Act of 2019 or the CAPITAL Act of 2019 This bill allows 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.)…

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

Cosponsors (1)

1 Republican
Rep. Gosar, Paul A. [R-AZ-4]AZ