To amend the Internal Revenue Code of 1986 to extend the qualified opportunity zone tax incentive, and for other purposes.
This bill extends for two years the election and capital gain deferral periods for qualified opportunity zones. An opportunity zone is an economically-distressed community where private investments, under certain conditions, may be eligible for capital gain tax incentives.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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