To provide tax incentives to promote economic development in Economically Distressed Zones.
USA115th CongressHR-6785| House
| Updated: 9/12/2018
Jenniffer González-Colón
Republican Representative
Puerto Rico
Cosponsors (1)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Economic Development Act for Distressed Zones of 2018 This bill provides various tax credits related to economically distressed zones, including a tax credit based on the amount of wages paid by an employer to employees in such a zone. The bill also establishes a procedure for state and local governments to apply for designation as an economically distressed zone.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Commerce
Business investment and capitalEconomic developmentHousing and community development fundingIncome tax creditsWages and earnings
To provide tax incentives to promote economic development in Economically Distressed Zones.
USA115th CongressHR-6785| House
| Updated: 9/12/2018
Economic Development Act for Distressed Zones of 2018 This bill provides various tax credits related to economically distressed zones, including a tax credit based on the amount of wages paid by an employer to employees in such a zone. The bill also establishes a procedure for state and local governments to apply for designation as an economically distressed zone.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Jenniffer González-Colón
Republican Representative
Puerto Rico
Cosponsors (1)
Ways and Means Committee
Commerce
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Business investment and capitalEconomic developmentHousing and community development fundingIncome tax creditsWages and earnings