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S 1000 116th Congress Senate Taxation Business investment and capital California Capital gains tax Disaster relief and insurance Economic development Fires Florida Forests, forestry, trees Georgia Income tax deferral Natural disasters North Carolina Poverty and welfare assistance South Carolina Virginia

Disaster Opportunity Zones Act

Introduced: April 3, 2019 See on congress.gov
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
Apr 3, 2019
Read twice and referred to the Committee on Finance.
Apr 3, 2019
Introduced in Senate
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 Plain-English summary Congressional Research Service

Disaster Opportunity Zones Act

This bill allows a certain number of population census tracts comprising a low-income community within a qualified disaster zone to be designated as additional opportunity zones.

An opportunity zone is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment.

Currently, opportunity zones have been designated in parts of all 50 states, the District of Columbia, and five U.S. territories.

The bill defines qualified disaster zone as that portion of the Hurricane Florence disaster area; the Hurricane Michael disaster area; the Mendocino and Carr wildfire disaster area; and the Camp, Woolsey, and Hill wildfire disaster area that is determined by the President to warrant federal government assistance.

What's happening now April 3, 2019

Read twice and referred to the Committee on Finance.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1000: Disaster Opportunity Zones Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-1000/
MLA
"S. 1000: Disaster Opportunity Zones Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-1000/.
Bluebook (legal)
S. 1000, 116th Cong. (2026), https://openamerica.io/bill/116-S-1000/.
Markdown link
[S. 1000: Disaster Opportunity Zones Act](https://openamerica.io/bill/116-S-1000/)
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