S. 2994 (IS) - Improving and Reinstating the Monitoring, Prevention, Accountability, Certification, and Transparency Provisions of Opportunity Zones - BILLS-116s2994is | Content Details | GovInfo

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S. 2994 (IS) - Improving and Reinstating the Monitoring, Prevention, Accountability, Certification, and Transparency Provisions of Opportunity Zones

Category: Bills and Statutes

Collection: Congressional Bills

SuDoc Class Number: Y 1.6:
Y 1.4/1:

Congress Number: 116th Congress

Congress Session: 1st Session

Last Action Date Listed: December 5, 2019

Action: Mr. Scott of South Carolina (for himself, Mr. Grassley, Mr. Young, Mr. Gardner, Ms. Ernst, Mr. Cassidy, Mr. Rubio, and Mrs. Capito) introduced the following bill; which was read twice and referred to the Committee on Finance

Bill Number: S. 2994

Bill Version: Introduced in Senate (IS)

Short Title: Improving and Reinstating the Monitoring, Prevention, Accountability, Certification, and Transparency Provisions of Opportunity Zones

Full Title: To amend the Internal Revenue Code of 1986 to require information reporting with respect to the qualified opportunity zone tax incentives enacted by the 2017 tax reform legislation, to require public reports related to such tax incentives, and for other purposes.

Sponsors: Tim Scott(SC)

Cosponsors: Chuck Grassley (IA); Todd Young (IN); Cory Gardner (CO); Joni Ernst (IA); Bill Cassidy (LA); Marco Rubio (FL); Shelley Moore Capito (WV)

Committees: Committee on Finance (Standing)

Public and Private Law References: Public Law 115-97