H.R. 6785 · 115th Congress
Economic Development Act for Distressed Zones of 2018
- Stage
- In committee
- Sponsor
- Jenniffer González-Colón
- Introduced
- 2018-09-12
- Latest action
- 2018-09-12 · Referred to the House Committee on Ways and Means.
Summary
Economic Development Act for Distressed Zones of 2018
This bill provides various tax credits related to economically distressed zones, including a tax credit based on the amount of wages paid by an employer to employees in such a zone. The bill also establishes a procedure for state and local governments to apply for designation as an economically distressed zone.