House Bill 1852
116th Congress(2019-2020)
CAPITAL Act of 2019
Introduced
Introduced in House on Mar 21, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1852
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
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.)
March 21, 2019
03/21/2019
Referred to the House Committee on Ways and Means.
03/21/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 6:17:22 PM