To amend the Internal Revenue Code of 1986 to repeal opportunity zones.
USA116th CongressHR-5252| House
| Updated: 12/5/2019
Rashida Tlaib
Democratic Representative
Michigan
Cosponsors (1)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This bill repeals the investment tax incentive known as qualified opportunity zones on the day after the enactment date of this bill and also repeals the special basis rule for investments in such zones held for at least 10 years.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure. (CR H9286)
Taxation
Business investment and capitalEconomic developmentIncome tax deferralIncome tax exclusion
To amend the Internal Revenue Code of 1986 to repeal opportunity zones.
USA116th CongressHR-5252| House
| Updated: 12/5/2019
This bill repeals the investment tax incentive known as qualified opportunity zones on the day after the enactment date of this bill and also repeals the special basis rule for investments in such zones held for at least 10 years.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure. (CR H9286)
Rashida Tlaib
Democratic Representative
Michigan
Cosponsors (1)
Ways and Means Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Business investment and capitalEconomic developmentIncome tax deferralIncome tax exclusion