HOUSE 1851116th CongressReferred to the House Committee on Ways and Means.
Disaster Recovery and Opportunity Act of 2019
- Last Action
- 3/21/2019
Actions
- 2019-03-21Referred to the House Committee on Ways and Means.
- 2019-03-21Introduced in House
- 2019-03-21Introduced in House
CRS Summary
As of 2019-03-21 (00)
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.
Cosponsors (1)
- Neal Dunn (R-FL)
Subjects
- Capital gains tax
- Disaster relief and insurance
- Economic development
Sourced from Congress.gov (public domain).
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