HR 4055
118th Congress
House
Taxation
Opportunity Zones Enhancement Act of 2023
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 13, 2023
Referred to the House Committee on Ways and Means.
Jun 13, 2023
Introduced in House
Plain-English summary
Opportunity Zones Enhancement Act of 2023
This bill excludes from gross income, for income tax purposes, certain amounts of interest received by a depository institution on any loan to a qualified opportunity zone business (businesses located in economically-distressed communities that may qualify for preferential tax treatment, such as capital gains tax avoidance).
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1