3.0.0 1428 2019-02-20T20:47:53Z 2019-02-24T03:38:55Z House H HR 2011-04-07 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HIGGINS:H.R. 1428.Congress has the power to enact this legislation pursuantto the following:The constitutional authority of this legislation lies inthe power of congress to lay and collect taxes, duties,imposts and excises as described in Article 1, Section 8,Clause 1. With further support from the Sixteenth Amendment,which provides Congress the power to lay and collect taxes onincomes, from whatever sources derived.[Page H2535]]]> hswm00 Ways and Means Committee House Standing Referred to 2011-04-07T14:01:10Z 2011-04-07 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2011-04-07 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-04-07 Introduced in House IntroReferral 1000 9 Library of Congress H001038 Rep. Higgins, Brian [D-NY-27] Brian Higgins D NY 27 N T000465 Rep. Tsongas, Niki [D-MA-5] Niki Tsongas D MA 5 2011-04-07 True L000287 Rep. Lewis, John [D-GA-5] JOHN LEWIS D GA 5 2011-04-07 True F000116 Rep. Filner, Bob [D-CA-51] BOB FILNER D CA 51 2011-04-07 True T000469 Rep. Tonko, Paul [D-NY-21] Paul Tonko D NY 21 2011-04-07 True C001068 Rep. Cohen, Steve [D-TN-9] Steve Cohen D TN 9 2011-04-07 True M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 2011-04-07 True S001162 Rep. Schwartz, Allyson Y. [D-PA-13] Allyson Schwartz D PA Y. 13 2012-05-31 False Taxation Business investment and capital Capital gains tax Employment and training programs Income tax credits Income tax deductions Income tax rates Industrial facilities Rural conditions and development Urban and suburban affairs and development Taxation

00 2011-04-07 Introduced in House 2011-05-26T18:36:53Z Amends the Internal Revenue Code to extend through December 31, 2012, the designation period of areas as renewal communities and tax incentives for investment in such areas, including: (1) the exclusion from gross income for income tax purposes of gain from the sale or exchange of assets (stock or business property) in such areas, (2) the tax deduction for commercial revitalization expenditures in such areas, and (3) an increased expensing allowance for the acquisition of business and investment assets in such areas.

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Display Title Official Title as Introduced Introduced in House 2011-04-07T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr1428ih/xml/BILLS-112hr1428ih.xml 2011-04-07 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.