117-hr-7183117th Congress

Rust to Revitalization Act of 2022

Sponsored By: Representative Kildee, Daniel T. [D-MI-8]

Unknown

Summary

Rust to Revitalization Act of 2022 This bill sets forth a special rule for the certification and designation of a population census tract as a qualified opportunity zone. The population census tract must have a population of zero, was previously used for industrial purposes and is a brownfield industrial site, and is contiguous, including by water, to a population census tract that has been designated as a qualified opportunity zone. A qualified opportunity zone is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Kildee, Daniel T. [D-MI-8]

MI • D

Cosponsors

  • Rep. Ruppersberger, C. A. Dutch [D-MD-2]

    MD • D

    Sponsored 3/21/2022

  • Rep. Trone, David J. [D-MD-6]

    MD • D

    Sponsored 5/6/2022

Roll Call Votes

No roll call votes available for this bill.

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