HOUSE 3906118th CongressReferred to the House Committee on Ways and Means.

Rural Opportunity Zone and Investment Act

Last Action: 6/7/2023

Actions

2023-06-07Referred to the House Committee on Ways and Means.
2023-06-07Introduced in House
2023-06-07Introduced in House

CRS Summary

As of 2023-06-07 (00)

Rural Opportunity Zone and Investment Act

This bill provides for the deferral of tax until December 31, 2032, on capital gains invested in qualified rural opportunity zones. A qualified rural opportunity zone is any population census tract that is located in a rural county and is in persistent poverty.

Cosponsors (4)

Carol Miller (R-WV)
Randy Feenstra (R-IA)
David Kustoff (R-TN)
Michelle Fischbach (R-MN)

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