To amend the Internal Revenue Code of 1986 to require fairness and diversity in opportunity zone investment.

[AI summary unavailable — showing source text] This bill amends the Internal Revenue Code, with respect to opportunity zones, to require a qualified opportunity fund to have an investment advisory board and meet certain investment diversity and affordable housing investment requirements. The fund must also report to the congressional tax committees on how investments in opportunity zones will affect different racial and ethnic groups within the zones.…