Bill · H.R. 10006· House(119-HR-10006)
Increasing Opportunity For Reindustrialization Act
- Introduced
- 7/30/2026
- Last activity
- 7/30/2026 — Referred to the House Committee on Ways and Means.
- Sponsored by
- W. Steube
- Cosponsors
- - 1 - 1
- 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
Would business owners be better off under this?+5
Creates new incentives for business development and ownership in designated zones.
Would people with substantial wealth be better off under this?+5
Directly benefits those seeking tax-advantaged investment vehicles for capital gains.
Would the very wealthiest people be better off under this?+5
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. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Billionaires+5Good For Business Owners+5Good For High Net Worth Individuals+5Good For Rural Residents+5Good For Ultra High Net Worth Individuals+5Good For High Income Households+4Good For Low Income Households+3Good For Middle Aged+2Good For Middle Class Households+2Good For Veterans+2Good For Young Adults+2
- Economy And Finance
- Increases Job Creation+4Improves Economic Growth+3Improves Small Business Support+3Reduces Capital Gains Tax+2Reduces Small Business Taxes+2
- Environment Energy And Infrastructure
- Improves Rural Development+4Improves Public Land Management+2
- Social Issues And Justice
- Improves Poverty Reduction+2
- 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