United States · Bill · HR
H.R. 5566 (107th)
American Community Renewal Act of 2002
Introduced
7 October 2002
Last action
8 October 2002 · Introduced
Status
Sponsor introductory remarks on measure. (CR E1777)
Sponsors
Rep. Watts, J. C., Jr. [R-OK-4], Rep. Hayes, Robin [R-NC-8], Rep. Goode, Virgil H., Jr. [R-VA-5], Rep. Jones, Stephanie Tubbs [D-OH-11], Rep. Ballenger, Cass [R-NC-10]
Subjects
Taxation
Source updated
19 August 2025
Summary
American Community Renewal Act of 2002 - Amends the Internal Revenue Code to: (1) provide for the designation of 20 additional renewal communities; (2) permit the nonrecognition of gain on proceeds of sales of real property which are invested in qualified renewal community zone assets; and (3) provide for the local allocation of commercial revitalization expenditure amounts if a State fails to adopt a qualified allocation plan.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
7 October 2002
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
7 October 2002
Introduced
Introduced in House
Source: IntroReferral
7 October 2002
Introduced
Introduced in House
Source: IntroReferral
8 October 2002
Introduced
Sponsor introductory remarks on measure. (CR E1777)
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 7 October 2002 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 7 October 2002
Introduced in House (PDF)
Introduced in House · EN · 7 October 2002
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Introduced in House
summary · EN · 7 October 2002
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Sponsors
- Rep. Watts, J. C., Jr. [R-OK-4] · R · Sponsor
- Rep. Hayes, Robin [R-NC-8] · R · Sponsor
- Rep. Goode, Virgil H., Jr. [R-VA-5] · R · Sponsor
- Rep. Jones, Stephanie Tubbs [D-OH-11] · D · Cosponsor
- Rep. Ballenger, Cass [R-NC-10] · R · Cosponsor
- · hswm00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/107th-congress/house-bill/5566
- Open data entity: https://api.congress.gov/v3/bill/107/hr/5566
- us · 107-hr-5566 · source updated 19 August 2025