<?xml version="1.0" encoding="utf-8" standalone="no"?>
<billStatus>
  <version>3.0.0</version>
  <bill>
    <number>970</number>
    <updateDate>2023-01-11T13:46:48Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:46:48Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2021-02-11</introducedDate>
    <congress>117</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 167, Number 26 (Thursday, February 11, 2021)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. BURCHETT:H.R. 970.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 3 of the U.S. Constitution[Page H502]</pre>]]></constitutionalAuthorityStatementText>
    <committees>
      <item>
        <systemCode>hswm00</systemCode>
        <name>Ways and Means Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2021-02-11T14:07:25Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <actions>
      <item>
        <actionDate>2021-02-11</actionDate>
        <text>Referred to the House Committee on Ways and Means.</text>
        <type>IntroReferral</type>
        <actionCode>H11100</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
        <committees>
          <item>
            <systemCode>hswm00</systemCode>
            <name>Ways and Means Committee</name>
          </item>
        </committees>
      </item>
      <item>
        <actionDate>2021-02-11</actionDate>
        <text>Introduced in House</text>
        <type>IntroReferral</type>
        <actionCode>Intro-H</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2021-02-11</actionDate>
        <text>Introduced in House</text>
        <type>IntroReferral</type>
        <actionCode>1000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
    </actions>
    <sponsors>
      <item>
        <bioguideId>B001309</bioguideId>
        <fullName>Rep. Burchett, Tim [R-TN-2]</fullName>
        <firstName>Tim</firstName>
        <lastName>Burchett</lastName>
        <party>R</party>
        <state>TN</state>
        <district>2</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>C001063</bioguideId>
        <fullName>Rep. Cuellar, Henry [D-TX-28]</fullName>
        <firstName>Henry</firstName>
        <lastName>Cuellar</lastName>
        <party>D</party>
        <state>TX</state>
        <district>28</district>
        <sponsorshipDate>2021-02-11</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>R000610</bioguideId>
        <fullName>Rep. Reschenthaler, Guy [R-PA-14]</fullName>
        <firstName>Guy</firstName>
        <lastName>Reschenthaler</lastName>
        <party>R</party>
        <state>PA</state>
        <district>14</district>
        <sponsorshipDate>2021-02-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001112</bioguideId>
        <fullName>Rep. Carbajal, Salud O. [D-CA-24]</fullName>
        <firstName>Salud</firstName>
        <lastName>Carbajal</lastName>
        <party>D</party>
        <state>CA</state>
        <middleName>O.</middleName>
        <district>24</district>
        <sponsorshipDate>2021-02-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001135</bioguideId>
        <fullName>Rep. Steel, Michelle [R-CA-48]</fullName>
        <firstName>Michelle</firstName>
        <lastName>Steel</lastName>
        <party>R</party>
        <state>CA</state>
        <district>48</district>
        <sponsorshipDate>2021-02-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M001159</bioguideId>
        <fullName>Rep. McMorris Rodgers, Cathy [R-WA-5]</fullName>
        <firstName>Cathy</firstName>
        <lastName>Rodgers</lastName>
        <party>R</party>
        <state>WA</state>
        <middleName>McMorris</middleName>
        <district>5</district>
        <sponsorshipDate>2021-02-26</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001086</bioguideId>
        <fullName>Rep. Harshbarger, Diana [R-TN-1]</fullName>
        <firstName>Diana</firstName>
        <lastName>Harshbarger</lastName>
        <party>R</party>
        <state>TN</state>
        <district>1</district>
        <sponsorshipDate>2021-02-26</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>W000821</bioguideId>
        <fullName>Rep. Westerman, Bruce [R-AR-4]</fullName>
        <firstName>Bruce</firstName>
        <lastName>Westerman</lastName>
        <party>R</party>
        <state>AR</state>
        <district>4</district>
        <sponsorshipDate>2021-03-09</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>O000086</bioguideId>
        <fullName>Rep. Owens, Burgess [R-UT-4]</fullName>
        <firstName>Burgess</firstName>
        <lastName>Owens</lastName>
        <party>R</party>
        <state>UT</state>
        <district>4</district>
        <sponsorshipDate>2021-03-16</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001104</bioguideId>
        <fullName>Rep. Cawthorn, Madison [R-NC-11]</fullName>
        <firstName>Madison</firstName>
        <lastName>Cawthorn</lastName>
        <party>R</party>
        <state>NC</state>
        <district>11</district>
        <sponsorshipDate>2021-03-16</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>V000133</bioguideId>
        <fullName>Rep. Van Drew, Jefferson [R-NJ-2]</fullName>
        <firstName>Jefferson</firstName>
        <lastName>Van Drew</lastName>
        <party>R</party>
        <state>NJ</state>
        <district>2</district>
        <sponsorshipDate>2021-03-26</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001306</bioguideId>
        <fullName>Rep. Balderson, Troy [R-OH-12]</fullName>
        <firstName>Troy</firstName>
        <lastName>Balderson</lastName>
        <party>R</party>
        <state>OH</state>
        <district>12</district>
        <sponsorshipDate>2021-04-15</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001055</bioguideId>
        <fullName>Rep. Case, Ed [D-HI-1]</fullName>
        <firstName>Ed</firstName>
        <lastName>Case</lastName>
        <party>D</party>
        <state>HI</state>
        <district>1</district>
        <sponsorshipDate>2021-05-25</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M000871</bioguideId>
        <fullName>Rep. Mann, Tracey [R-KS-1]</fullName>
        <firstName>Tracey</firstName>
        <lastName>Mann</lastName>
        <party>R</party>
        <state>KS</state>
        <district>1</district>
        <sponsorshipDate>2021-06-30</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001213</bioguideId>
        <fullName>Rep. Steil, Bryan [R-WI-1]</fullName>
        <firstName>Bryan</firstName>
        <lastName>Steil</lastName>
        <party>R</party>
        <state>WI</state>
        <district>1</district>
        <sponsorshipDate>2021-09-03</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001090</bioguideId>
        <fullName>Rep. Harder, Josh [D-CA-10]</fullName>
        <firstName>Josh</firstName>
        <lastName>Harder</lastName>
        <party>D</party>
        <state>CA</state>
        <district>10</district>
        <sponsorshipDate>2022-01-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Taxation</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Business investment and capital</name>
        </item>
        <item>
          <name>Capital gains tax</name>
        </item>
        <item>
          <name>Economic development</name>
        </item>
        <item>
          <name>Income tax deferral</name>
        </item>
        <item>
          <name>Income tax rates</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Taxation</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2021-02-11</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2021-03-15T16:33:11Z</updateDate>
        <text><![CDATA[ <p>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.</p>]]></text>
      </summary>
    </summaries>
    <title>Opportunity Zone Extension Act of 2021</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Opportunity Zone Extension Act of 2021</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Internal Revenue Code of 1986 to extend the qualified opportunity zone tax incentive, and for other purposes.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <title>Opportunity Zone Extension Act of 2021</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2021-02-11T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-117hr970ih/xml/BILLS-117hr970ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2021-02-11</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
    </latestAction>
  </bill>
  <dublinCore xmlns:dc="http://purl.org/dc/elements/1.1/">
    <dc:format>text/xml</dc:format>
    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
  </dublinCore>
</billStatus>
