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HR 970 117th Congress House Taxation Business investment and capital Capital gains tax Economic development Income tax deferral Income tax rates

Opportunity Zone Extension Act of 2021

Introduced: February 18, 2021 Introduced by: Burchett, Tim Republican · Tennessee 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
Feb 11, 2021
Referred to the House Committee on Ways and Means.
Feb 11, 2021
Introduced in House
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 Plain-English summary Congressional Research Service

This bill extends for two years the election and capital gain deferral periods for qualified opportunity zones. An opportunity zone is an economically-distressed community where private investments, under certain conditions, may be eligible for capital gain tax incentives.

What's happening now February 11, 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 14
All 14 Democratic 4 Republican 8
D
Harder, Josh
California · Jan 18, 2022
 R
Steil, Bryan
Wisconsin · Sep 3, 2021
 R
Mann, Tracey
Kansas · Jun 30, 2021
 D
Case, Ed
Hawaii · May 25, 2021
 R
Balderson, Troy
Ohio · Apr 15, 2021
 R
Van Drew, Jefferson
New Jersey · Mar 26, 2021
Cawthorn, Madison
· Mar 16, 2021
 R
Owens, Burgess
Utah · Mar 16, 2021
 R
Westerman, Bruce
Arkansas · Mar 9, 2021
 R
Harshbarger, Diana
Tennessee · Feb 26, 2021
 D
Carbajal, Salud O.
California · Feb 18, 2021
 R
Reschenthaler, Guy
Pennsylvania · Feb 18, 2021
Steel, Michelle
· Feb 18, 2021
 D
Cuellar, Henry
Texas · Feb 11, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 970: Opportunity Zone Extension Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-HR-970/
MLA
"H.R. 970: Opportunity Zone Extension Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-970/.
Bluebook (legal)
H.R. 970, 117th Cong. (2026), https://openamerica.io/bill/117-HR-970/.
Markdown link
[H.R. 970: Opportunity Zone Extension Act of 2021](https://openamerica.io/bill/117-HR-970/)
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