# 116-hr-7262: Community Development in Opportunity Zones Act of 2020

116-hr-7262, Community Development in Opportunity Zones Act of 2020, is a 116th Congress bill sponsored by Rep. Meeks, Gregory W. [D-NY-5] (D-NY); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-7262
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-7262
- Congress: 116
- Title: Community Development in Opportunity Zones Act of 2020
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2020-06-18
- Sponsor: Rep. Meeks, Gregory W. [D-NY-5] (D-NY)
- Cosponsors: 9
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Community Development in Opportunity Zones Act of 2020 This bill includes within the definition of qualified opportunity zone business any community development financial institution. This allows qualified opportunity funds to invest in such institutions.

## Cosponsors (9)

- Rep. Quigley, Mike [D-IL-5] (D-IL), 2020-06-18T00:00:00.000Z
- Rep. Cleaver, Emanuel [D-MO-5] (D-MO), 2020-06-18T00:00:00.000Z
- Rep. Green, Al [D-TX-9] (D-TX), 2020-06-18T00:00:00.000Z
- Rep. Cárdenas, Tony [D-CA-29] (D-CA), 2020-06-18T00:00:00.000Z
- Rep. Eshoo, Anna G. [D-CA-16] (D-CA), 2020-06-18T00:00:00.000Z
- Sen. Gallego, Ruben [D-AZ] (D-AZ), 2020-06-18T00:00:00.000Z
- Rep. Crist, Charlie [D-FL-13] (D-FL), 2020-06-18T00:00:00.000Z
- Rep. Correa, J. Luis [D-CA-46] (D-CA), 2020-07-09T00:00:00.000Z
- Rep. Barragán, Nanette Diaz [D-CA-44] (D-CA), 2020-07-09T00:00:00.000Z

## Related bills

- 116-hr-7120: George Floyd Justice in Policing Act of 2020
- 116-hr-6902: Black History is American History Act
- 116-hr-3589: Greg LeMond Congressional Gold Medal Act
- 116-hr-2420: National Museum of the American Latino Act
- 116-hr-2382: USPS Fairness Act
- 116-hr-2214: NO BAN Act

## Sources
- [116-hr-7262 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/7262)

## Related
- [116-hr-7120: George Floyd Justice in Policing Act of 2020](https://policyrisk.com/legislation/116-hr-7120)
- [116-hr-6902: Black History is American History Act](https://policyrisk.com/legislation/116-hr-6902)
- [116-hr-3589: Greg LeMond Congressional Gold Medal Act](https://policyrisk.com/legislation/116-hr-3589)
- [116-hr-2420: National Museum of the American Latino Act](https://policyrisk.com/legislation/116-hr-2420)
- [116-hr-2382: USPS Fairness Act](https://policyrisk.com/legislation/116-hr-2382)
- [116-hr-2214: NO BAN Act](https://policyrisk.com/legislation/116-hr-2214)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-7262 (as of 2025-11-18).