HR 7262
116th Congress
House
Taxation
Bank accounts, deposits, capital
Banking and financial institutions regulation
Business investment and capital
Economic development
Income tax deferral
Income tax exclusion
Community Development in Opportunity Zones Act of 2020
Introduced: June 18, 2020
Introduced by:
Meeks, Gregory W.
Democratic
· New York
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 18, 2020
Referred to the House Committee on Ways and Means.
Jun 18, 2020
Introduced in House
Plain-English summary
Community Development in Opportunity Zones Act of 2020
This bill includes within the definition of qualified opportunity zone business any community development financial institution. This allows qualified opportunity funds to invest in such institutions.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1