To amend the Internal Revenue Code of 1986 to repeal opportunity zones.
Sponsored By: Representative Tlaib, Rashida [D-MI-12]
Unknown
Summary
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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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Tlaib, Rashida [D-MI-12]
MI • D
Cosponsors
Rep. Jayapal, Pramila [D-WA-7]
WA • D
Sponsored 11/22/2019
Roll Call Votes
No roll call votes available for this bill.
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