HR 7492 · 116th Congress · Taxation
To designate all of Puerto Rico as an opportunity zone.
Introduced 2020-07-06· Sponsored by Resident Commissioner González-Colón, Jenniffer [R-PR-At Large]· House
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2020-07-06)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only