HR 3906
118th Congress
House
Taxation
Rural Opportunity Zone and Investment Act
Introduced: June 7, 2023
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 7, 2023
Referred to the House Committee on Ways and Means.
Jun 7, 2023
Introduced in House
Plain-English summary
Rural Opportunity Zone and Investment Act
This bill provides for the deferral of tax until December 31, 2032, on capital gains invested in qualified rural opportunity zones. A qualified rural opportunity zone is any population census tract that is located in a rural county and is in persistent poverty.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1