HR 1851
116th Congress
House
Taxation
Capital gains tax
Disaster relief and insurance
Economic development
Disaster Recovery and Opportunity Act of 2019
Introduced: March 21, 2019
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 21, 2019
Referred to the House Committee on Ways and Means.
Mar 21, 2019
Introduced in House
Plain-English summary
Disaster Recovery and Opportunity Act of 2019
This bill allows the chief executive officer (e.g., governor) of a state to designate certain population census tracts in areas related to federally declared disasters as opportunity zones. This makes investments in the areas eligible for various tax incentives.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1