District of Columbia Incentives for Business and Individual Investment Act
Latest action · Oct 7, 2013 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedOct 7, 2013
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
District of Columbia Incentives for Business and Individual Investment Act - Amends the Internal Revenue Code, with respect to tax incentives for investment in the District of Columbia, to: (1) reauthorize provisions for designating a District of Columbia Enterprise Zone and extend the deadline for such designation until December 31, 2015; (2) reauthorize the issuance authority for District of Columbia tax-exempt economic development bonds and extend until December 31, 2015, the deadline for issuing such bonds; (3) extend through 2015 the period for acquiring DC Zone assets (i.e., DC Zone business stock, partnership interests, and business property) eligible for an exemption from capital gains tax and through 2020 the period during which gain from the sale of such assets shall qualify for such exemption; and (4) extend through December 31, 2015, the deadline for purchasing a residence in the District of Columbia to qualify for the first-time District of Columbia homebuyers tax credit.
Cosponsors
Members who signed on, in the order they did.
Actions 2
Everything that happened, newest first.
- Oct 7, 2013Introduced in House
- Oct 7, 2013Referred to the House Committee on Ways and Means.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 2890 | District of Columbia Incentives for Business and Individual Investment Act | Related bill | Jul 31, 2013 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Oct 7, 2013Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.