HR 6658
112th Congress
House
Taxation
Business investment and capital
Capital gains tax
Financial services and investments
Income tax rates
Securities
Unemployment
Urban and suburban affairs and development
Urban Competitiveness Act
Introduced: December 13, 2012
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 13, 2012
Referred to the House Committee on Ways and Means.
Dec 13, 2012
Introduced in House
Plain-English summary
Urban Competitiveness Act - Amends the Internal Revenue Code to exclude from gross income any capital gain from the sale or exchange of a stock, partnership, or business property interest invested in an enterprise zone area which had an average unemployment rate of not less than 150% of the national average rate during the preceding calendar year and which experienced a population loss of at least 20% during the 10-year period beginning in 2000.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1