3.0.0 6529 2023-01-11T13:43:12Z 2023-01-11T13:43:12Z House HR 2020-04-17 116 [Congressional Record Volume 166, Number 73 (Friday, April 17, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. CURTIS:H.R. 6529.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause I[Page H1894]]]> hswm00 Ways and Means Committee House Standing Referred to 2020-04-17T15:00:30Z 2020-04-17 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2020-04-17 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-04-17 Introduced in House IntroReferral 1000 9 Library of Congress C001114 Rep. Curtis, John R. [R-UT-3] John Curtis R UT R. 3 N C001063 Rep. Cuellar, Henry [D-TX-28] Henry Cuellar D TX 28 2020-04-17 True L000589 Rep. Lesko, Debbie [R-AZ-8] Debbie Lesko R AZ 8 2020-05-12 False Taxation Business investment and capital Capital gains tax Cardiovascular and respiratory health Economic development Economic performance and conditions Emergency medical services and trauma care Income tax deferral Income tax rates Infectious and parasitic diseases Small business Taxation 00 2020-04-17 Introduced in House 2020-05-04T14:18:20Z COVID-19-Impacted Small Business Opportunity Zone Act

This bill designates certain small businesses affected by COVID-19 (i.e., coronavirus disease 2019) as qualified opportunity zone businesses. This designation makes certain tax benefits, including favorable capital gains treatment, available to affected businesses that have experienced supply chain disruptions, staffing challenges, decrease in sales or customers, or partial or full suspension of business.

]]> COVID-19-Impacted Small Business Opportunity Zone Act Display Title COVID-19-Impacted Small Business Opportunity Zone Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to modify the opportunity zone tax incentives. Introduced in House IH Short Title(s) as Introduced COVID-19-Impacted Small Business Opportunity Zone Act Introduced in House IH Introduced in House 2020-04-17T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr6529ih/xml/BILLS-116hr6529ih.xml 2020-04-17 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.