'Opportunity Zones' on their way By U.S. Rep. Fred Upton April 30, 2018 Detroit News As part of the landmark reform of our outdated tax code, a bipartisan provision was included that I championed known as Opportunity Zones. Opportunity Zones are economically distressed rural and urban areas eligible for tax benefits aimed at spurring private investment, economic growth and local jobs. The goal of this bipartisan economic development program is to bring long-term, private-sector investment to the...
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U.S. Rep. Fred Upton, R-St. Joseph, today joined his colleagues in the U.S. House of Representatives in voting to advance H.R. 4, the FAA Reauthorization Act by a bipartisan vote of 393 to 13. “As one who flies home nearly every week, I applaud this bipartisan effort to ensure continued safety and stability in American aviation,” said Upton. “This reauthorization will help keep us the world leader in aviation: putting American jobs, innovation, and the traveling public first. Importantly, we als...
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U.S. Rep. Fred Upton, R-St. Joseph, today released the following video public service announcement, first published on his Facebook page, encouraging residents of Michigan’s Sixth Congressional District to participate in National Prescription Drug Take Back Day, to be held on Saturday, April 28, 2018 from 10:00 a.m. – 2:00 p.m. Click here to watch Upton’s video PSA National Prescription Drug Take Back Day is sponsored by the Drug Enforcement Agency (DEA). The service provides an opportunity for ...
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U.S. Rep. Fred Upton, R-St. Joseph, today released the following statement after the U.S Department of Health and Human Services (HHS) announced the second round of grants to help states and territories combat the opioid epidemic were on the way. Michigan is set to receive $16.3 million in this round of funding. These Opioid State Targeted Response (STR) grants were made available as part of Upton’s 21st Century Cures Act. “This is great news for Michigan. As we all work together to end the trag...
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U.S. Rep. Fred Upton, R-St. Joseph, today sent a letter to Assistant Secretary of the Army (Civil Works) R.D. James asking to include critical operation and maintenance funding for dredging of harbors in Southwest Michigan. As the U.S. Army Corps has already provided robust funding for commercial harbors such as St. Joseph Harbor for its dredging in Fiscal Years 2017, 2018, and 2019, the letter focused on allocating funds for recreational harbors in Saugatuck, South Haven, and New Buffalo Harbor...
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U.S. Rep. Fred Upton, R-St. Joseph, today joined the majority of his colleagues in the U.S. House in voting for H.R. 5445, the 21st Century IRS Act and H.R. 5444, the Taxpayer First Act. Both pieces of bipartisan legislation reform and revamp the Internal Revenue Service (IRS) on the heels of the Tax Day tech meltdown. “On the heels of yesterday’s Tax Day meltdown at the IRS, it’s clear we need to revamp, modernize, and fix what ails the IRS,” said Upton. “These two bipartisan bills will strengt...
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Tax Cuts and Jobs Act leads to private investment targets across Michigan By Chris Galford April 12, 2018 The Peninsula With approval from the U.S. Department of the Treasury and the Internal Revenue Service (IRS), new Opportunity Zones have been designated throughout Michigan. Opportunity Zones are a designation created by the Tax Cuts and Jobs Act of 2017. They are meant to encourage private investment, economic growth and spur jobs in downtrodden areas with tax incentives tied to investments....
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U.S. Rep. Fred Upton, R-St. Joseph, today released the following statement after the U.S. Treasury and Internal Revenue Service (IRS) approved the State of Michigan’s application for Opportunity Zones. The recently signed into law Tax Cuts & Jobs Act, of which Upton was a conferee, established Opportunity Zones – areas eligible for tax benefits aimed at spurring private investment, economic growth, and jobs in distressed communities. Learn more about tax reform here and more about Opportunity Zo...
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U.S. Rep. Fred Upton, R-St. Joseph, today released the following statement after Governor Rick Snyder’s request for assistance from the U.S. Small Business Administration was approved for dealing with flood recovery costs: “We’ve seen first-hand the destruction this severe flooding has caused – today’s announcement is welcome news for our area. These low-interest loans will help our local businesses and residents recover financially from the tremendous impact of the recent flooding.” Upton had p...
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As students from across the country prepare to march on Saturday, U.S. Representatives Debbie Dingell (MI-12) and Fred Upton (MI-06), Co-Chairs of the bipartisan Problem Solvers Caucus Working Group on Response to the Parkland Shooting, announced they are continuing to work together to find bipartisan consensus on meaningful legislation to reduce gun violence in our communities. The caucus reached agreement on commonsense measures to improve school safety and fund mental illness research, which ...
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