To amend the Internal Revenue Code of 1986 to extend the tax incentives for empowerment zones and renewal communities.
Growth Zones Opportunity Act - Amends the Internal Revenue Code to extend: (1) through 2020, tax incentives for areas designated as empowerment zones; (2) through 2025, the increased exclusion from gross income of gain from the sale or exchange of the small business stock of empowerment zone businesses; and (3) through 2020, tax incentives for areas designated as a renewal community.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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