3.0.0
4065
2023-08-25T22:47:58Z
2023-08-25T22:47:58Z
Senate
S
2022-04-07
117
- ssbk00
Banking, Housing, and Urban Affairs Committee
Senate
Standing
  - ssbk04
Securities, Insurance, and Investment Subcommittee
    - Hearings by
2022-12-13T21:53:11Z
- ssfi00
Finance Committee
Senate
Standing
  - Referred to
2022-04-07T20:03:09Z

- Opportunity Zones Improvement, Transparency, and Extension Act
117
7467
HR
2022-04-07
Referred to the House Committee on Ways and Means.
  - Identical bill
CRS
- 2022-12-13
  - ssbk04
Securities, Insurance, and Investment Subcommittee
Senate
Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.
Committee
- 2022-04-07
  - ssfi00
Finance Committee
Senate
Read twice and referred to the Committee on Finance.
IntroReferral
- 2022-04-07
Introduced in Senate
IntroReferral
10000
9
Library of Congress
- B001288
Sen. Booker, Cory A. [D-NJ]
Cory
Booker
D
NJ
N
- S001184
Sen. Scott, Tim [R-SC]
Tim
Scott
R
SC
2022-04-07
True
- W000805
Sen. Warner, Mark R. [D-VA]
Mark
Warner
D
VA
R.
2022-04-07
True
- Y000064
Sen. Young, Todd [R-IN]
Todd
Young
R
IN
C.
2022-04-07
True
- V000128
Sen. Van Hollen, Chris [D-MD]
Chris
Van Hollen
D
MD
2022-04-07
True
- C000141
Sen. Cardin, Benjamin L. [D-MD]
Ben
Cardin
D
MD
2022-05-09
False
- B000575
Sen. Blunt, Roy [R-MO]
Roy
Blunt
R
MO
2022-05-09
False
Taxation
- Administrative law and regulatory procedures
- Census and government statistics
- Civil actions and liability
- Congressional oversight
- Department of the Treasury
- Economic development
- Financial services and investments
- Government information and archives
- Government studies and investigations
- Intergovernmental relations
- Poverty and welfare assistance
- State and local finance
- Tax administration and collection, taxpayers
Taxation
00
2022-04-07
Introduced in Senate
2022-06-01T15:18:06Z
Opportunity Zones Transparency, Extension, and Improvement Act
This bill revises rules and reinstates reporting requirements relating to qualified opportunity zones (economically distressed communities where new investments, under specified conditions, may be eligible for preferential tax treatment).
Specifically, the bill terminates the designation of zones that are disqualified due to median family income exceeding 130% of national median family income and permits states to identify and expand terminations of such zones.
The bill also reinstates reporting requirements for qualified opportunity zones and imposes penalties for noncompliance with such requirements, extends the opportunity zones temporary deferral period for qualifying capital gain through 2028, and establishes a State and Community Dynamism Fund to support public and private investment in qualified opportunity zones.

Opportunity Zones Transparency, Extension, and Improvement Act
- Display Title

Opportunity Zones Transparency, Extension, and Improvement Act
- Short Title(s) as Introduced

Opportunity Zones Transparency, Extension, and Improvement Act
Introduced in Senate
IS
- Official Title as Introduced

A bill to amend the Internal Revenue Code of 1986 to modify the rules relating to qualified opportunity zones, and for other purposes.
Introduced in Senate
IS
- Introduced in Senate
2022-04-07T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-117s4065is/xml/BILLS-117s4065is.xml
2022-12-13
Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.
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.
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