HOUSE 4055118th CongressReferred to the House Committee on Ways and Means.

Opportunity Zones Enhancement Act of 2023

Last Action: 6/13/2023

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2023-06-13Referred to the House Committee on Ways and Means.
2023-06-13Introduced in House
2023-06-13Introduced in House

CRS Summary

As of 2023-06-13 (00)

Opportunity Zones Enhancement Act of 2023

This bill excludes from gross income, for income tax purposes, certain amounts of interest received by a depository institution on any loan to a qualified opportunity zone business (businesses located in economically-distressed communities that may qualify for preferential tax treatment, such as capital gains tax avoidance).

Cosponsors (1)

Juan Ciscomani (R-AZ)

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