HR 6288
111th Congress
House
Taxation
Business investment and capital
Economic development
Income tax credits
Income tax deductions
Income tax exclusion
Rural conditions and development
Securities
Urban and suburban affairs and development
Wages and earnings
Restoring Our Local Economies Act of 2010
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 29, 2010
Referred to the House Committee on Ways and Means.
Sep 29, 2010
Introduced in House
Plain-English summary
Restoring Our Local Economies Act of 2010 - Amends the Internal Revenue Code, with respect to the designation of tax-preferred empowerment zones and enterprise communities, to allow a five-year extension of the designation period for a zone or community that is a qualifying zone. Defines "qualifying zone" as any designated empowerment zone or enterprise community if the government that nominated such zone or community requests an extension of the designation period and has submitted to the Secretary of the Treasury information indicating compliance with, and progress in achieving, certain benchmarks.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1