US Congress House Bill 2238 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on April 10 2019 - 25% progression, died in committee
Action: 2019-04-10 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Extends the period for the designation of empowerment zones and reinstates the tax credit for holders of qualified zone academy bonds. An empowerment zone is an economically distressed community eligible for various tax incentives and grants from the federal government to promote investment in the community. The bill reinstates and expands the tax credit for holders of qualified zone academy bonds. A qualified zone academy bond is a tax-exempt bond that may be issued to rehabilitate or repair a public school facility, to provide equipment and develop course material, and train teachers and other school personnel.

To amend the Internal Revenue Code of 1986 to extend certain tax benefits related to empowerment zones.

Rep. Adriano Espaillat [D-NY]

Rep. Harold Rogers [R-KY]

Date	Chamber	Action
2019-04-10	House	Referred to the House Committee on Ways and Means.
2019-04-10	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/2238/all-info
Text	https://www.congress.gov/116/bills/hr2238/BILLS-116hr2238ih.pdf