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Disaster Recovery and Opportunity Act of 2019
Legislative Progress
Momentum (last 30 days)
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0 actions · 0 new cosponsors · 0 votes
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vs 9,062 other HR bills in the 116th — cohort avg 39d
Disaster Recovery and Opportunity Act of 201 9 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.
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Filing registrants (1)
2019 · first_quarter · Housing
H.R.1851 - To amend the Internal Revenue Code of 1986 to allow certain Federally declared disaster areas to be designated as opportunity zones for purposes of economic development and recovery (Mark Meadows, R-NC-11) H.R.1852 - To amend the Internal Revenue Code of 1986 to provide for designation of qualified opportunity zones every 10 years (Mark Meadows, R-NC-11)
Client expense: $480,000 · Firm income: Not reported
Referred to the House Committee on Ways and Means.
Introduced in House
Congress.gov source codes: 1000, Intro-H
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Sources: Congress.gov
Government targets: Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Labor, Dept of (DOL), Natl Highway Traffic Safety Administration (NHTSA), SENATE, Treasury, Dept of, U.S. Trade Representative (USTR)