H.R.6890: CAPITAL Act of 2018

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Bill Summary

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...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.6890.

Bill Actions

Date Description
Sept. 25, 2018
Referred to the House Committee on Ways and Means.
Sept. 25, 2018

Introduced in the House by Mark Meadows (R-N.C.)

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