S 1344
116th Congress
Senate
Taxation
Business investment and capital
Business records
Congressional oversight
Department of the Treasury
Economic development
Government information and archives
Government studies and investigations
Right of privacy
State and local finance
A bill to require the Secretary of the Treasury to collect data and issue a report on the opportunity zone tax incentives enacted by the 2017 tax reform legislation, and for other purposes.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 7, 2019
Read twice and referred to the Committee on Finance.
May 7, 2019
Introduced in Senate
Plain-English summary
This bill requires the Department of the Treasury to collect data and report to Congress on investments held by qualified opportunity funds. Treasury must also make certain information regarding the investments publicly available. Qualified opportunity funds are investment vehicles that are organized as either a partnership or a corporation and receive tax benefits for investing in certain low-income communities that have been designated as opportunity zones.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1