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United States · Bill · HR

H.R. 508 (103rd)

Urban Entrepreneurial Opportunities Act

referredUnited States· United States Congress· EN

Introduced

21 January 1993

Last action

21 January 1993 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Franks, Gary A. [R-CT-5], Rep. Gingrich, Newt [R-GA-6], Rep. Paxon, Bill [R-NY-27], Rep. Cox, Christopher [R-CA-48], Rep. Shays, Christopher [R-CT-4], Rep. Blute, Peter I. [R-MA-3], Rep. McDade, Joseph M. [R-PA-10], Rep. Doolittle, John T. [R-CA-4], Rep. Burton, Dan [R-IN-5], Rep. Schiff, Steven [R-NM-1], Rep. Solomon, Gerald B. H. [R-NY-22], Rep. Johnson, Nancy L. [R-CT-5], Rep. Hyde, Henry J. [R-IL-6], Rep. Vucanovich, Barbara F. [R-NV-2], Rep. McCrery, Jim [R-LA-4], Rep. Bartlett, Roscoe G. [R-MD-6], Rep. Rohrabacher, Dana [R-CA-48], Rep. Minge, David [D-MN-2], Rep. Goss, Porter J. [R-FL-14], Rep. Rangel, Charles B. [D-NY-15], Rep. Fish, Hamilton, Jr. [R-NY-19], Rep. Kim, Jay [R-CA-41]

Subjects

Housing, Taxation

Source updated

26 August 2025

Housing · Taxation

Summary

Urban Entrepreneurial Opportunities Act - Amends the Internal Revenue Code to allow a deduction for equity contributions made by a corporation to an urban entrepreneurial opportunity financing subsidiary of such corporation. Requires the subsidiary to use such contribution in making qualified enterprise zone business loans to qualified small business concerns. Establishes an overall program limitation among the contributing corporations to be allocated by the Secretary of Housing and Urban Development.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 21 January 1993

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 21 January 1993

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 21 January 1993

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 21 January 1993

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 21 January 1993

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 21 January 1993

    Open at official source

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Sponsors

Related records

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Sources

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