H.R. 6658 (112th): Urban Competitiveness Act

Introduced:
Dec 13, 2012 (112th Congress, 2011–2013)
Status:
Died (Referred to Committee)
Sponsor
Hansen Clarke
Representative for Michigan's 13th congressional district
Party
Democrat
Text
Read Text »
Last Updated
Dec 13, 2012
Length
8 pages
 
Status

This bill was introduced on December 13, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Dec 13, 2012
Referred to Committee Dec 13, 2012
 
Full Title

To amend the Internal Revenue Code of 1986 to provide a zero capital gains rate for certain new investments in specified areas made during a temporary period.

Summary

No summaries available.

Cosponsors
6 cosponsors (4D, 2R) (show)
Committees

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.

Widget

Get a bill status widget for your website »

Citation

Click a format for a citation suggestion:

Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


12/13/2012--Introduced.
Urban Competitiveness Act - Amends the Internal Revenue Code to exclude from gross income any capital gain from the sale or exchange of a stock, partnership, or business property interest invested in an enterprise zone area which had an average unemployment rate of not less than 150% of the national average rate during the preceding calendar year and which experienced a population loss of at least 20% during the 10-year period beginning in 2000.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

The House Democratic Caucus does not provide summaries of bills.

So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

Use the comment space below for discussion of the merits of H.R. 6658 (112th) with other GovTrack users.
Your comments are not read by Congressional staff.

comments powered by Disqus