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Senate bill · S. 4606 (119th Congress)

Increasing Opportunity For Reindustrialization Act

U.S. Senate

Latest action May 20, 2026

Sponsor: David McCormick (U.S. Senator for Pennsylvania, Republican)

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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data

Summary

Allows census tracts containing portions of former military installations to qualify for designation as federal qualified opportunity zones under the tax code.

AI summary. Not an official summary. How we handle summaries

Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Senate Committee on Finance · U.S. Senate

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Cosponsors

2

Cosponsors listed on Congress.gov, shown A to Z.

  • Democratic2

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As identified by Congress.gov.

Full history

  1. May 20, 2026

    Introduced

    Introduced in U.S. Senate

    U.S. Senate

  2. May 20, 2026

    Referred to committee

    Read twice and referred to the Committee on Finance.

  3. May 20, 2026

    Referred to committee

    Read twice and referred to the Committee on Finance.

  4. May 20, 2026

    Referred to committee

    Read twice and referred to the Committee on Finance.

Read the record