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- S.293
S.293: Investing in Opportunity Act
About This Bill
- Introduced Feb. 2, 2017
- Latest Major Action Oct. 3, 2018
Bill Sponsor
Bill Cosponsors
14 (7 Democrats, 7 Republicans)
Bill Version
- Introduced in Senate - Feb. 2, 2017
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)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Oct. 3, 2018 |
Committee on Small Business and Entrepreneurship. Hearings held.
|
| Feb. 2, 2017 |
Read twice and referred to the Committee on Finance.
|
| Feb. 2, 2017 |
Introduced in the Senate by Tim Scott (R-S.C.) |