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H.R.6890 - CAPITAL Act of 2018115th Congress (2017-2018) |

Bill

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Sponsor: Rep. Meadows, Mark [R-NC-11] (Introduced 09/25/2018)
Committees: House - Ways and Means
Latest Action: House - 09/25/2018 Referred to the House Committee on Ways and Means.  (All Actions)

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This bill has the status Introduced

Here are the steps for Status of Legislation:

  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Became Law

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  • Constitutional Authority Statement
  • CBO Cost Estimates [0]

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Summary: H.R.6890 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.6890. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/25/2018)

Creating Advancement and Personal Improvement in Targeted American Localities Act of 2018 or the CAPITAL Act of 2018

This bill amends the Internal Revenue Code to allow 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.)