US HB6513 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 6-0)
Status: Introduced on April 14 2020 - 25% progression, died in committee
Action: 2020-04-14 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 14 2020 - 25% progression, died in committee
Action: 2020-04-14 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Defers for four years the tax on gain from investment in opportunity zone property. Opportunity zone property is property located in low-income communities for which certain tax incentives are provided, including deferral of the recognition of capital gains.
Title
To defer the year of inclusion for certain capital gains invested in a qualified opportunity fund.
Sponsors
Rep. Denver Riggleman [R-VA] | Rep. Guy Reschenthaler [R-PA] | Rep. Drew Ferguson [R-GA] | Rep. Bryan Steil [R-WI] |
Rep. Tim Burchett [R-TN] | Rep. Scott Tipton [R-CO] |
History
Date | Chamber | Action |
---|---|---|
2020-04-14 | House | Referred to the House Committee on Ways and Means. |
2020-04-14 | House | Introduced in House |
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/6513/all-info |
Text | https://www.congress.gov/116/bills/hr6513/BILLS-116hr6513ih.pdf |