To amend the Internal Revenue Code of 1986 to renew and enhance opportunity zones, and for other purposes.

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 3687 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 3687 To amend the Internal Revenue Code of 1986 to renew and enhance opportunity zones, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES June 3, 2025 Mr. Kelly of Pennsylvania introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to renew and enhance opportunity zones, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. RENEWAL AND ENHANCEMENT OF OPPORTUNITY ZONES. (a) Modification of Low-Income Community Definition.--Section 1400Z-1(c)(1) of the Internal Revenue Code of 1986 is amended-- (1) by striking ``communities.--The term'' and inserting the following: ``communities.-- ``(A) In general.--The term'', and (2) by adding at the end the following: ``(B) Modifications.--For purposes of subparagraph …