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Opportunity Zone Extension Act of 2021

USA117th CongressHR-970| House 
| Updated: 2/11/2021
Tim Burchett

Tim Burchett

Republican Representative

Tennessee

Cosponsors (15)
Diana Harshbarger (Republican)Guy Reschenthaler (Republican)Ed Case (Democratic)Jefferson Van Drew (Republican)Josh Harder (Democratic)Bruce Westerman (Republican)Henry Cuellar (Democratic)Madison Cawthorn (Republican)Salud O. Carbajal (Democratic)Michelle Steel (Republican)Burgess Owens (Republican)Cathy McMorris Rodgers (Republican)Tracey Mann (Republican)Troy Balderson (Republican)Bryan Steil (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Feb 11, 2021
Introduced in House
Feb 11, 2021
Referred to the House Committee on Ways and Means.
  • February 11, 2021
    Introduced in House


  • February 11, 2021
    Referred to the House Committee on Ways and Means.

Taxation

Business investment and capitalCapital gains taxEconomic developmentIncome tax deferralIncome tax rates

Opportunity Zone Extension Act of 2021

USA117th CongressHR-970| House 
| Updated: 2/11/2021
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Feb 11, 2021
Introduced in House
Feb 11, 2021
Referred to the House Committee on Ways and Means.
  • February 11, 2021
    Introduced in House


  • February 11, 2021
    Referred to the House Committee on Ways and Means.
Tim Burchett

Tim Burchett

Republican Representative

Tennessee

Cosponsors (15)
Diana Harshbarger (Republican)Guy Reschenthaler (Republican)Ed Case (Democratic)Jefferson Van Drew (Republican)Josh Harder (Democratic)Bruce Westerman (Republican)Henry Cuellar (Democratic)Madison Cawthorn (Republican)Salud O. Carbajal (Democratic)Michelle Steel (Republican)Burgess Owens (Republican)Cathy McMorris Rodgers (Republican)Tracey Mann (Republican)Troy Balderson (Republican)Bryan Steil (Republican)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Business investment and capitalCapital gains taxEconomic developmentIncome tax deferralIncome tax rates