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HR 6890 115th Congress House

CAPITAL Act of 2018

Official title: To amend the Internal Revenue Code of 1986 to provide for designation of qualified opportunity zones every 10 years.

Introduced: October 2, 2018 See on congress.gov
Taxation Business investment and capitalCensus and government statisticsEconomic developmentHousing and community development funding
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Income tax deferralIncome tax exclusion
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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
Sep 25, 2018
Referred to the House Committee on Ways and Means.
Sep 25, 2018
Introduced in House
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 Latest action September 25, 2018

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Creating Advancement and Personal Improvement in Targeted American Localities Act of 2018 or the CAPITAL Act of 2018

This bill amends the Internal Revenue Code to allow opportunity zones to be designated every 10 years. (Opportunity zones are certain low-income areas in which various tax incentives are available for investments in the zones. Under current law, the existing designations expire after 10 years, and no additional designations are permitted.)

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Republican 4
R
Valadao, David G.
California · Oct 12, 2018
 R
Weber, Randy K. Sr.
Texas · Oct 2, 2018
 R
DesJarlais, Scott
Tennessee · Sep 28, 2018
 R
Norman, Ralph
South Carolina · Sep 28, 2018
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6890: CAPITAL Act of 2018. 115th Congress. Open America. https://openamerica.io/bill/115-HR-6890/
MLA
"H.R. 6890: CAPITAL Act of 2018." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-6890/.
Bluebook (legal)
H.R. 6890, 115th Cong. (2026), https://openamerica.io/bill/115-HR-6890/.
Markdown link
[H.R. 6890: CAPITAL Act of 2018](https://openamerica.io/bill/115-HR-6890/)
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