116-hr-6513116th Congress

To defer the year of inclusion for certain capital gains invested in a qualified opportunity fund.

Sponsored By: Representative Riggleman, Denver [R-VA-5]

Unknown

Summary

This bill defers for four years the tax on gain from investment in opportunity zone property. Opportunity zone property is property located in low-income communities for which certain tax incentives are provided, including deferral of the recognition of capital gains.

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Riggleman, Denver [R-VA-5]

VA • R

Cosponsors

  • Rep. Reschenthaler, Guy [R-PA-14]

    PA • R

    Sponsored 4/14/2020

  • Rep. Ferguson, A. Drew, IV [R-GA-3]

    GA • R

    Sponsored 4/14/2020

  • Rep. Steil, Bryan [R-WI-1]

    WI • R

    Sponsored 4/14/2020

  • Rep. Burchett, Tim [R-TN-2]

    TN • R

    Sponsored 4/14/2020

  • Rep. Tipton, Scott R. [R-CO-3]

    CO • R

    Sponsored 4/14/2020

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
Back to Legislation