H.R. 6890: CAPITAL Act of 2018
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H.R. 6890: CAPITAL Act of 2018
115th Congress · introduced 2018-09-25 · Taxation · Latest: Referred to the House Committee on Ways and Means.
federal
Follow this bill, step by step
- Where it came from: introduced 2018-09-25 · official record
- Who proposed it: Rep. Meadows, Mark [R-NC-11] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Referred to the House Committee on Ways and Means. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
CAPITAL Act of 2018
Plain summary
Creating Advancement and Personal Improvement in Targeted American Localities Act of 2018 or the CAPITAL Act of 2018 This bill amends the Internal Revenue Code to allow opportunity zones to be designated every 10 years. (Opportunity zones are certain low-income areas in which various tax incentives are available for investments in the zones. Under current law, the existing designations expire after 10 years, and no additional designations are permitted.)
Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.
What a vote does
A “Yea” vote
If it passes both chambers and is signed, it becomes law.
A “Nay” vote
If it is not passed, current law stays as it is.
PSI Sci description of the legislative step (not an opinion).
What does this mean? (plain words)
Official text
CAPITAL Act of 2018
Source: Congressional Research Service summary (Introduced in House)
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The strongest published arguments
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Meadows, Mark [R-NC-11] · 7 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
Ralph Norman (R-SC), Scott DesJarlais (R-TN), Randy K. Weber, Sr. (R-TX), David G. Valadao (R-CA)
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Words on this page, explained (1)
- Bill
- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-115hr6890.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/115/hr>
Record fed-us-cong115-hr6890 · catalog fed-us-congress-bills-cong115 · updated 2026-11-15 by psicol fed-bills-cong115