# 117-hr-7467: Opportunity Zones Improvement, Transparency, and Extension Act

117-hr-7467, Opportunity Zones Improvement, Transparency, and Extension Act, is a 117th Congress bill sponsored by Rep. Kind, Ron [D-WI-3] (D-WI); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-7467
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-7467
- Congress: 117
- Title: Opportunity Zones Improvement, Transparency, and Extension Act
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2022-04-07
- Sponsor: Rep. Kind, Ron [D-WI-3] (D-WI)
- Cosponsors: 7
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Opportunity Zones Improvement, Transparency, and Extension Act This bill revises rules and reinstates reporting requirements relating to qualified opportunity zones (economically distressed communities where new investments, under specified conditions, may be eligible for preferential tax treatment). Specifically, the bill terminates the designation of zones that are disqualified due to median family income exceeding 130% of national median family income and permits states to identify and expand terminations of such zones. The bill also reinstates reporting requirements for qualified opportunity zones and imposes penalties for noncompliance with such requirements, extends the opportunity zones temporary deferral period for qualifying capital gain through 2028, and establishes a State and Community Dynamism Fund to support public and private investment in qualified opportunity zones.

## Cosponsors (7)

- Rep. Kelly, Mike [R-PA-16] (R-PA), 2022-04-07T00:00:00.000Z
- Rep. Kildee, Daniel T. [D-MI-8] (D-MI), 2022-04-07T00:00:00.000Z
- Rep. Sewell, Terri A. [D-AL-7] (D-AL), 2022-04-07T00:00:00.000Z
- Rep. Walorski, Jackie [R-IN-2] (R-IN), 2022-04-07T00:00:00.000Z
- Rep. Brown, Anthony G. [D-MD-4] (D-MD), 2022-05-19T00:00:00.000Z
- Rep. Van Drew, Jefferson [R-NJ-2] (R-NJ), 2022-07-27T00:00:00.000Z
- Rep. Miller, Carol D. [R-WV-1] (R-WV), 2022-10-31T00:00:00.000Z

## Related bills

- 117-hr-5577: To designate the facility of the United States Postal Service located at 3900 Crown Road Southwest in Atlanta, Georgia, as the "John R. Lewis Post Office Build…
- 117-hr-3173: Improving Seniors’ Timely Access to Care Act of 2022
- 117-hr-2244: Flexible Financing for Rural America Act
- 117-hr-1946: Medicare Multi-Cancer Early Detection Screening Coverage Act of 2021
- 117-hr-1282: Major Richard Star Act
- 117-hr-310: To posthumously award the Congressional Gold Medal, collectively, to Glen Doherty, Tyrone Woods, J. Christopher Stevens, and Sean Smith, in recognition of thei…

## Sources
- [117-hr-7467 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/7467)

## Related
- [117-hr-5577: To designate the facility of the United States Postal Service located at 3900 C…](https://policyrisk.com/legislation/117-hr-5577)
- [117-hr-3173: Improving Seniors’ Timely Access to Care Act of 2022](https://policyrisk.com/legislation/117-hr-3173)
- [117-hr-2244: Flexible Financing for Rural America Act](https://policyrisk.com/legislation/117-hr-2244)
- [117-hr-1946: Medicare Multi-Cancer Early Detection Screening Coverage Act of 2021](https://policyrisk.com/legislation/117-hr-1946)
- [117-hr-1282: Major Richard Star Act](https://policyrisk.com/legislation/117-hr-1282)
- [117-hr-310: To posthumously award the Congressional Gold Medal, collectively, to Glen Doher…](https://policyrisk.com/legislation/117-hr-310)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-7467 (as of 2025-11-18).