HR 970 · 117th Congress · Taxation

Opportunity Zone Extension Act of 2021

Introduced 2021-02-11· Sponsored by Rep. Burchett, Tim [R-TN-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2021-02-11)

Plain Language Summary

[AI summary unavailable — showing source text] This bill extends for two years the election and capital gain deferral periods for qualified opportunity zones. An opportunity zone is an economically-distressed community where private investments, under certain conditions, may be eligible for capital gain tax incentives.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (15)

4 Democrats11 Republicans