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
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
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1