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HR 4608 117th Congress House Taxation Business investment and capital Census and government statistics Economic development Housing and community development funding Income tax deferral Income tax exclusion

Growth and Opportunities Act of 2021

Introduced: July 21, 2021 See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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
Jul 21, 2021
Referred to the House Committee on Ways and Means.
Jul 21, 2021
Introduced in House
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 Plain-English summary Congressional Research Service

Growth and Opportunities Act of 2021

This bill permits qualified opportunity zones to be designated every 10 years. A qualified opportunity zone is an economically distressed or low-income area in which tax incentives are available to promote investment. Under current law, the existing zone designations expire after 10 years, and no additional designations are allowed.

What's happening now July 21, 2021

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Republican 4
R
Van Drew, Jefferson
New Jersey · Aug 6, 2021
 R
Gimenez, Carlos A.
Florida · Jul 21, 2021
 R
Owens, Burgess
Utah · Jul 21, 2021
 R
Salazar, Maria Elvira
Florida · Jul 21, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4608: Growth and Opportunities Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-HR-4608/
MLA
"H.R. 4608: Growth and Opportunities Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-4608/.
Bluebook (legal)
H.R. 4608, 117th Cong. (2026), https://openamerica.io/bill/117-HR-4608/.
Markdown link
[H.R. 4608: Growth and Opportunities Act of 2021](https://openamerica.io/bill/117-HR-4608/)
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