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  <version>3.0.0</version>
  <bill>
    <number>6658</number>
    <updateDate>2019-11-15T21:47:00Z</updateDate>
    <updateDateIncludingText>2019-11-15T21:47:00Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2012-12-13</introducedDate>
    <congress>112</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. CLARKE of Michigan:H.R. 6658.Congress has the power to enact this legislation pursuantto the following:Sections 7 and 8 of Article I of the United StatesConstitution.[Page H6807]</pre>]]></constitutionalAuthorityStatementText>
    <committees>
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        <systemCode>hswm00</systemCode>
        <name>Ways and Means Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2012-12-13T14:02:30Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <actions>
      <item>
        <actionDate>2012-12-13</actionDate>
        <text>Referred to the House Committee on Ways and Means.</text>
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        <actionCode>H11100</actionCode>
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            <name>Ways and Means Committee</name>
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        <actionDate>2012-12-13</actionDate>
        <text>Introduced in House</text>
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        <sourceSystem>
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          <name>Library of Congress</name>
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      <item>
        <actionDate>2012-12-13</actionDate>
        <text>Introduced in House</text>
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        <actionCode>1000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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    </actions>
    <sponsors>
      <item>
        <bioguideId>C001085</bioguideId>
        <fullName>Rep. Clarke, Hansen [D-MI-13]</fullName>
        <firstName>Hansen</firstName>
        <lastName>Clarke</lastName>
        <party>D</party>
        <state>MI</state>
        <district>13</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>F000448</bioguideId>
        <fullName>Rep. Franks, Trent [R-AZ-2]</fullName>
        <firstName>Trent</firstName>
        <lastName>Franks</lastName>
        <party>R</party>
        <state>AZ</state>
        <district>2</district>
        <sponsorshipDate>2012-12-13</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001059</bioguideId>
        <fullName>Rep. Hultgren, Randy [R-IL-14]</fullName>
        <firstName>Randy</firstName>
        <lastName>Hultgren</lastName>
        <party>R</party>
        <state>IL</state>
        <district>14</district>
        <sponsorshipDate>2012-12-13</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>P000258</bioguideId>
        <fullName>Rep. Peterson, Collin C. [D-MN-7]</fullName>
        <firstName>COLLIN</firstName>
        <lastName>PETERSON</lastName>
        <party>D</party>
        <state>MN</state>
        <middleName>C.</middleName>
        <district>7</district>
        <sponsorshipDate>2012-12-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001061</bioguideId>
        <fullName>Rep. Cleaver, Emanuel [D-MO-5]</fullName>
        <firstName>Emanuel</firstName>
        <lastName>Cleaver</lastName>
        <party>D</party>
        <state>MO</state>
        <district>5</district>
        <sponsorshipDate>2012-12-20</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>J000288</bioguideId>
        <fullName>Rep. Johnson, Henry C. "Hank," Jr. [D-GA-4]</fullName>
        <firstName>Henry</firstName>
        <lastName>Johnson</lastName>
        <party>D</party>
        <state>GA</state>
        <middleName>C. "Hank"</middleName>
        <district>4</district>
        <sponsorshipDate>2012-12-20</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>P000604</bioguideId>
        <fullName>Rep. Payne, Donald M., Jr. [D-NJ-10]</fullName>
        <firstName>Donald</firstName>
        <lastName>Payne</lastName>
        <party>D</party>
        <state>NJ</state>
        <middleName>M.</middleName>
        <district>10</district>
        <sponsorshipDate>2012-12-20</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Taxation</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Business investment and capital</name>
        </item>
        <item>
          <name>Capital gains tax</name>
        </item>
        <item>
          <name>Financial services and investments</name>
        </item>
        <item>
          <name>Income tax rates</name>
        </item>
        <item>
          <name>Securities</name>
        </item>
        <item>
          <name>Unemployment</name>
        </item>
        <item>
          <name>Urban and suburban affairs and development</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Taxation</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2012-12-13</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2013-01-17T20:13:24Z</updateDate>
        <text><![CDATA[ <p>Urban Competitiveness Act - Amends the Internal Revenue Code to exclude from gross income any capital gain from the sale or exchange of a stock, partnership, or business property interest invested in an enterprise zone area which had an average unemployment rate of not less than 150% of the national average rate during the preceding calendar year and which experienced a population loss of at least 20% during the 10-year period beginning in 2000.</p>]]></text>
      </summary>
    </summaries>
    <title>Urban Competitiveness Act</title>
    <titles>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Urban Competitiveness Act</title>
      </item>
      <item>
        <titleType>Display Title</titleType>
        <title>Urban Competitiveness Act</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Internal Revenue Code of 1986 to provide a zero capital gains rate for certain new investments in specified areas made during a temporary period.</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2012-12-13T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-112hr6658ih/xml/BILLS-112hr6658ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2012-12-13</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
    </latestAction>
  </bill>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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