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116-hr-6529116th Congress

COVID-19-Impacted Small Business Opportunity Zone Act

Sponsored By: Representative Curtis, John R. [R-UT]

Unknown

Summary

COVID-19-Impacted Small Business Opportunity Zone Act This bill designates certain small businesses affected by COVID-19 (i.e., coronavirus disease 2019) as qualified opportunity zone businesses. This designation makes certain tax benefits, including favorable capital gains treatment, available to affected businesses that have experienced supply chain disruptions, staffing challenges, decrease in sales or customers, or partial or full suspension of business.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Curtis, John R. [R-UT]

UT • R

Cosponsors

  • Rep. Cuellar, Henry [D-TX-28]

    TX • D

    Sponsored 4/17/2020

  • Rep. Lesko, Debbie [R-AZ-8]

    AZ • R

    Sponsored 5/12/2020

Roll Call Votes

No roll call votes available for this bill.

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