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HR 9338 117th Congress House Taxation

To amend the Internal Revenue Code of 1986 to require fairness and diversity in opportunity zone investment and to require minimum investment in controlled-environment agriculture.

Introduced: November 17, 2022 Introduced by: Johnson, Henry C. "Hank" Democratic · Georgia See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 17, 2022
Referred to the House Committee on Ways and Means.
Nov 17, 2022
Introduced in House
 Plain-English summary Congressional Research Service

This bill modifies requirements relating to opportunity zone investment (i.e., investment in economically distressed areas) to require its funds to meet specified investment advisory board, diversity, and affordable housing requirements. It also requires that at least 5% of a fund's qualified opportunity zone property is controlled-environment agriculture property.

What's happening now November 17, 2022

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1