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HR 5462 102th Congress House Taxation Corporation taxes Enterprise zones Entrepreneurs Income tax Loans Small business Stocks Subsidiary corporations Tax deductions Urban economic development

Urban Entrepreneurial Opportunities Act

Introduced: June 23, 1992 See on congress.gov
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This bill died when the 102nd Congress ended
It never became law before the 102nd Congress (1991–1992) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 23, 1992
Referred to the House Committee on Ways and Means.
Jun 23, 1992
Introduced in House
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 Plain-English summary Congressional Research Service

Urban Entrepreneurial Opportunities Act - Amends the Internal Revenue Code to allow a deduction for equity contributions made by a corporation to an urban entrepreneurial opportunity financing subsidiary of such corporation. Requires the subsidiary to use such contribution in making qualified enterprise zone business loans to qualified small business concerns.

Establishes an overall program limitation among the contributing corporations to be allocated by the Secretary of Housing and Urban Development.

What's happening now June 23, 1992

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Mfume, Kweisi
Maryland · Jun 23, 1992
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5462: Urban Entrepreneurial Opportunities Act. 102nd Congress. Open America. https://openamerica.io/bill/102-HR-5462/
MLA
"H.R. 5462: Urban Entrepreneurial Opportunities Act." 102nd Congress, 2026, Open America, https://openamerica.io/bill/102-HR-5462/.
Bluebook (legal)
H.R. 5462, 102nd Cong. (2026), https://openamerica.io/bill/102-HR-5462/.
Markdown link
[H.R. 5462: Urban Entrepreneurial Opportunities Act](https://openamerica.io/bill/102-HR-5462/)
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