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.
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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