HOUSE 378118th CongressReferred to the House Committee on Oversight and Accountability.

Expressing the sense of the House of Representatives supporting the Federal workforce.

Last Action: 5/9/2023

Actions

2023-01-17Referred to the House Committee on Ways and Means.
2023-01-17Introduced in House
2023-01-17Introduced in House

CRS Summary

As of 2023-01-17 (00)

This bill removes conditions on the designation of Puerto Rico as a qualified opportunity zone. In general, a qualified opportunity zone is an economically-distressed community where new investment may be eligible for preferential tax treatment.

Subjects

Business investment and capital
Capital gains tax
Economic development
Income tax deferral
Income tax exclusion
Puerto Rico
U.S. territories and protectorates

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