US HB2890 | 2013-2014 | 113th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on July 31 2013 - 25% progression, died in committee
Action: 2013-07-31 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

District of Columbia Incentives for Business and Individual Investment Act - Amends the Internal Revenue Code, with respect to tax incentives for investment in the District of Columbia, to: (1) reauthorize provisions for designating a District of Columbia Enterprise Zone and extend the deadline for such designation until December 31, 2015; (2) reauthorize the issuance authority for District of Columbia tax-exempt economic development bonds and extend until December 31, 2015, the deadline for issuing such bonds; (3) extend through 2014 the period for acquiring DC Zone assets (i.e., DC Zone business stock, partnership interests, and business property) eligible for an exemption from capital gains tax and through 2020 the period during which gain from the sale of such assets shall qualify for such exemption; and (4) extend through December 31, 2014, the deadline for purchasing a residence in the District of Columbia to qualify for the first-time District of Columbia homebuyers tax credit.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

District of Columbia Incentives for Business and Individual Investment Act

Sponsors


History

DateChamberAction
2013-07-31HouseReferred to the House Committee on Ways and Means.
2013-07-31HouseSponsor introductory remarks on measure. (CR E1173-1174)

Same As/Similar To

HB3272 (Related) 2013-10-07 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

feedback