A Republican bill with 1 Democratic cosponsor · See all 2 cosponsors
Last activity — Referred to the House Committee on Ways and Means.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill is called the "Increasing Opportunity For Reindustrialization Act." It proposes to change the Internal Revenue Code of 1986. The goal is to allow certain census tracts that have former Department of Defense installations closed during base realignment and closure rounds to be named as qualified opportunity zones.
Yes· 3 of 19
- Scored +5
Would business owners be better off under this?
Creates new incentives for business development and ownership in designated zones.
- Scored +5
Would people with substantial wealth be better off under this?
Directly benefits those seeking tax-advantaged investment vehicles for capital gains.
- Scored +5
Would the very wealthiest people be better off under this?
Directly benefits those seeking tax-advantaged investment vehicles for capital gains.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Expanded Opportunity Zone Eligibility: Section 2(a) allows census tracts containing former Department of Defense facilities closed during base realignment and closure rounds to be designated as qualified opportunity zones. This could potentially bring investment to these specific areas.
Potential Negative Impacts for People
- No negative impacts for individuals or groups are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would billionaires be better off under this? — Directly benefits those seeking tax-advantaged investment vehicles for capital gains. Would business owners be better off under this? — Creates new incentives for business development and ownership in designated zones. Would people with substantial wealth be better off under this? — Directly benefits those seeking tax-advantaged investment vehicles for capital gains. Would people in rural areas be better off under this? — Former military installations are often in rural areas that would benefit from the investment incentives. Would the very wealthiest people be better off under this? — Directly benefits those seeking tax-advantaged investment vehicles for capital gains. Would high-income households be better off under this? — Provides tax-advantaged investment opportunities via capital gains deferrals. Would households on low incomes be better off under this? — Increased investment in underserved areas can lead to more local jobs and economic activity. Would people in middle age be better off under this? — Potential for new job opportunities and investment returns. Would middle-income households be better off under this? — Potential for job growth and local economic improvement. Would veterans be better off under this, taking everything together? — May benefit veterans living near former military sites through increased local economic activity. Would people in their twenties and thirties be better off under this? — Potential for new job opportunities in reindustrialized areas.
- Economy And Finance
- Is this likely to create jobs? — Reindustrialization of former military sites via investment incentives is likely to create local jobs. Is this likely to grow the economy? — Encouraging investment in closed military installation tracts can stimulate regional economic growth. Does this make it easier to run a small business? — New opportunity zones create an environment conducive to small business development through increased capital investment. Does this cut the tax on profits from selling investments? — The bill expands the availability of opportunity zones, which are designed to offer capital gains tax deferrals. Does this cut taxes for small businesses? — Opportunity zone designations provide tax incentives for investment that can benefit small businesses in those areas.
- Environment Energy And Infrastructure
- Does this invest in rural communities? — Many former military installations are located in rural areas, making them eligible for development incentives. Does this better protect public land such as parks and forests? — Encourages the productive reuse of former government land.
- Social Issues And Justice
- Is this likely to lift people out of poverty? — Economic redevelopment of closed military sites can lead to poverty reduction in those specific local communities.
- 9/14/2026
- 1 Cosponsor added.
- 7/30/2026
- Referred to the House Committee on Ways and Means.
- 1 Cosponsor added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Jack BergmanRepublican · Michigan
Mike ThompsonDemocrat · California