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

2/8/2022, 11:17 PM

Congressional Summary of HR 6059

This bill designates an empowerment zone in the District of Columbia. (Empowerment zones are federally designated geographic areas where certain federal tax incentives and grants are allowed to increase investment and employment.)

Current Status of Bill HR 6059

Bill HR 6059 is currently in the status of Bill Introduced since March 2, 2020. Bill HR 6059 was introduced during Congress 116 and was introduced to the House on March 2, 2020.  Bill HR 6059's most recent activity was Referred to the House Committee on Ways and Means. as of March 2, 2020

Bipartisan Support of Bill HR 6059

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 6059

Primary Policy Focus

Taxation

Potential Impact Areas

- Business investment and capital
- District of Columbia
- Economic development
- Employee hiring
- Income tax credits
- Income tax deductions
- Income tax exclusion
- Securities
- Wages and earnings

Alternate Title(s) of Bill HR 6059

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

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