HR 4055 · 118th Congress · Taxation

Opportunity Zones Enhancement Act of 2023

Introduced 2023-06-13· Sponsored by Rep. Barr, Andy [R-KY-6]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2023-06-13)

Plain Language Summary

[AI summary unavailable — showing source text] 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).…

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

Cosponsors (1)

1 Republican
Rep. Ciscomani, Juan [R-AZ-6]AZ