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.
View on Congress.gov