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HR 4999 116th Congress House Taxation Advisory bodies Business investment and capital Economic development Government information and archives Government studies and investigations Low- and moderate-income housing Performance measurement Securities Small business

To amend the Internal Revenue Code of 1986 to require fairness and diversity in opportunity zone investment.

Introduced: November 8, 2019 Introduced by: Johnson, Henry C. "Hank" Democratic · Georgia See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 8, 2019
Referred to the House Committee on Ways and Means.
Nov 8, 2019
Introduced in House
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 Plain-English summary Congressional Research Service

This bill amends the Internal Revenue Code, with respect to opportunity zones, to require a qualified opportunity fund to have an investment advisory board and meet certain investment diversity and affordable housing investment requirements. The fund must also report to the congressional tax committees on how investments in opportunity zones will affect different racial and ethnic groups within the zones.

What's happening now November 8, 2019

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 7
All 7 Democratic 6
D
Beatty, Joyce
Ohio · Feb 14, 2020
 D
Cohen, Steve
Tennessee · Jan 13, 2020
 D
Wilson, Frederica S.
Florida · Jan 13, 2020
 D
Davis, Danny K.
Illinois · Nov 22, 2019
Demings, Val
· Nov 22, 2019
 D
Gonzalez, Vicente
Texas · Nov 19, 2019
 D
Norton, Eleanor Holmes
District of Columbia · Nov 18, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4999: To amend the Internal Revenue Code of 1986 to require fairness and diversity in opportunity zone investment.. 116th Congress. Open America. https://openamerica.io/bill/116-HR-4999/
MLA
"H.R. 4999: To amend the Internal Revenue Code of 1986 to require fairness and diversity in opportunity zone investment.." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-4999/.
Bluebook (legal)
H.R. 4999, 116th Cong. (2026), https://openamerica.io/bill/116-HR-4999/.
Markdown link
[H.R. 4999: To amend the Internal Revenue Code of 1986 to require fairness and diversity in opportunity zone investment.](https://openamerica.io/bill/116-HR-4999/)
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