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Increasing Opportunity For Reindustrialization Act

6/3/2026, 6:16 PM

Summary of Bill S 4606

The bill "A bill to amend the Internal Revenue Code of 1986 to permit certain population census tracts containing former military installations to be designated as qualified opportunity zones" was introduced in the 119th Congress on May 20, 2026.

Current Status of Bill S 4606

Bill S 4606 is currently in the status of Bill Introduced since May 20, 2026. Bill S 4606 was introduced during Congress 119 and was introduced to the Senate on May 20, 2026.  Bill S 4606's most recent activity was Read twice and referred to the Committee on Finance. as of May 20, 2026

Bipartisan Support of Bill S 4606

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

Policy Area and Potential Impact of Bill S 4606

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 4606

Increasing Opportunity For Reindustrialization Act
Increasing Opportunity For Reindustrialization Act
A bill to amend the Internal Revenue Code of 1986 to permit certain population census tracts containing former military installations to be designated as qualified opportunity zones.

Comments

Gloria Williams profile image

Gloria Williams

1,032

2 months ago

I'm curious to see how this bill will impact our economy and job opportunities in the long run. It seems like a step in the right direction, but I wonder if there are any potential drawbacks that we should be aware of. #S4606 #ReindustrializationAct

Archie Fink profile image

Archie Fink

965

2 months ago

I have some concerns about this bill and how it could impact our economy. It seems like there are some potential drawbacks that need to be carefully considered before moving forward with it. I hope that our lawmakers take the time to thoroughly analyze the potential consequences of this legislation before making any decisions.

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