Tax Benefits for Washington D.C.
Official: To amend the Internal Revenue Code of 1986 to extend certain tax benefits related to empowerment zones to the District of Columbia.
IntroducedDecember 9, 2025
Why This Matters
This bill extends tax benefits meant for empowerment zones to parts of Washington D.C. It aims to boost economic development in the city.
If you live or run a business in D.C., you could see new tax benefits starting in 2026.
Affects: Residents and businesses in Washington D.C. could benefit from these tax incentives.
What changes is this bill making?
1. This bill allows the District of Columbia to be treated as an empowerment zone. 2. Empowerment zones receive special tax benefits to encourage economic growth. 3. The bill aims to help the largest eligible area in D.C. qualify for these benefits. 4. The changes will take effect after December 31, 2025. 5. This bill does not affect the total number of empowerment zones allowed.
Who is affected?
Residents and businesses in Washington D.C. could benefit from these tax incentives.