H.R.1852: CAPITAL Act of 2019

About This Bill

Bill Summary

Creating Advancement and Personal Improvement in Targeted American Localities Act of 2019 or the CAPITAL Act of 2019 This bill allows 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.)

(Source: Congressional Research Service)

Bill Actions

Date Description
March 21
Referred to the House Committee on Ways and Means.
March 21

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

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