Latest action: Referred to the House Committee on Ways and Means.
Referred to one or more standing committees for review, hearings, and possible markup.
Specific committees not parsed from action data.
The committee may hold hearings, amend the bill, or let it die without action.
Next: Reported
Full chamber floor — Speaker / Majority Leader controls scheduling
Allows maritime areas to qualify for tax-advantaged opportunity zone investments.
The problem
Maritime and coastal regions lack access to opportunity zone programs that encourage investment in economically distressed areas through tax incentives.
The proposal
Amends tax law to designate maritime prosperity zones as qualified opportunity zones, enabling tax benefits for investors in coastal and maritime communities.
The impact
Coastal businesses, investors, and maritime communities could access tax incentives; affects federal tax revenue and regional economic development.
Opportunity zones attract private investment to economically struggling areas. Including maritime zones could bring jobs and business development to coastal communities that need economic support.
Investors gain capital gains deferrals and reduced taxes for qualifying investments. This encourages people to invest in maritime businesses and infrastructure.
Private investment in maritime zones could fund port improvements, fishing industry modernization, and waterfront infrastructure improvements.
Focuses benefits on specific maritime communities that depend on ocean-related industries and may face economic hardship.
Tax incentives mean the government collects less tax revenue. This could reduce funding for other federal programs unless spending is cut elsewhere.
The bill lacks detail on how 'maritime prosperity zones' would be defined or designated. Vague definitions could lead to confusion or misuse.
Investment in maritime areas could raise property values and rents, displacing local residents and fishing communities that the program aims to help.
Opportunity zones have faced criticism for lacking transparency. Investors have significant control over how funds are used with minimal community input.
Generated by AI from the bill text. Not a prediction and not legal or policy advice. The percentage is the model's own rating of each item — self-reported, and not a measure of how accurate it is.
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Individual contributions, grouped by employer · FEC
Where their individual donors work · 2026 cycle
Money from people who work there, not from the company. Not tied to this bill.
Itemized individual contributions via FEC, grouped by the employer each contributor self-reported. Companies and unions cannot contribute to federal candidates from their treasuries, so these totals are money from people who work at an employer — never from the organization itself. They are campaign contributions covering a full election cycle and are not connected to this bill.
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