HR 3906 · 118th Congress · Taxation

Rural Opportunity Zone and Investment Act

Introduced 2023-06-07· Sponsored by Rep. Ferguson, A. Drew, IV [R-GA-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2023-06-07)

Plain Language Summary

[AI summary unavailable — showing source text] 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 q ualified rural opportunity zone is any population census tract that is located in a rural county and is in persistent poverty.…

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

Cosponsors (4)

4 Republicans
Rep. Miller, Carol D. [R-WV-1]WV
Rep. Feenstra, Randy [R-IA-4]IA
Rep. Kustoff, David [R-TN-8]TN
Rep. Fischbach, Michelle [R-MN-7]MN