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- H.R.5082
H.R.5082: Investing in Opportunity Act
About This Bill
- Introduced April 27, 2016
- Latest Major Action April 27, 2016
Bill Sponsor
Bill Cosponsors
61 (22 Democrats, 39 Republicans)
Bill Summary
Investing in Opportunity Act This bill amends the Internal Revenue Code to authorize the designation of opportunity zones in low-income communities and to provide tax incentives for investments in the zones, including deferring the recognition of capital gains that are reinvested in the zones. Governors may submit nominations for a limited number of opportunity zones to the Department of the Treasury for certification and designation....
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
April 27, 2016 |
Referred to the House Committee on Ways and Means.
|
April 27, 2016 |
Introduced in the House by Pat Tiberi (R-Ohio) |