To amend the Internal Revenue Code of 1986 to require fairness and diversity in opportunity zone investment and to require minimum investment in controlled-environment agriculture.
Sponsored By: Representative Johnson, Henry C. "Hank" [D-GA-4]
Unknown
Summary
This bill modifies requirements relating to opportunity zone investment (i.e., investment in economically distressed areas) to require its funds to meet specified investment advisory board, diversity, and affordable housing requirements. It also requires that at least 5% of a fund's qualified opportunity zone property is controlled-environment agriculture property.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Johnson, Henry C. "Hank" [D-GA-4]
GA • D
Cosponsors
Rep. Rush, Bobby L. [D-IL-1]
IL • D
Sponsored 11/17/2022
Rep. Jackson Lee, Sheila [D-TX-18]
TX • D
Sponsored 11/17/2022
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov