Proposal:CAPITAL Act of 2019

This proposal is archived and closed to further debate. It was introduced in the 116th Congress, which has concluded, and the bill was not enacted into law.

Bill	HR 1852
Type of Legislation	House Bill
Congress	116
Source	View original on Congress.gov

Geographic Scope

National

Description

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.)

Bill Title

CAPITAL Act of 2019

Linked Goals

• Goal:Promote General Welfare

Steps

• 2019-03-21: Referred to the House Committee on Ways and Means.
• 2019-03-21: Introduced in House
• 2019-03-21: Introduced in House

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.