Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- S.2868
S.2868: Investing in Opportunity Act
About This Bill
- Introduced April 27, 2016
- Latest Major Action June 29, 2016
Bill Sponsor
Bill Cosponsors
9 (5 Democrats, 4 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 |
|---|---|
| June 29, 2016 |
Committee on Small Business and Entrepreneurship. Hearings held.
|
| April 27, 2016 |
Read twice and referred to the Committee on Finance.
|
| April 27, 2016 |
Introduced in the Senate by Tim Scott (R-S.C.) |