Bill116th CongressFiled May 7, 2019Taxation
S. 1344
A bill to require the Secretary of the Treasury to collect data and issue a report on the opportunity zone tax incentives enacted by the 2017 tax reform legislation, and for other purposes.
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
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Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (May 7, 2019)
This bill requires the Department of the Treasury to collect data and report to Congress on investments held by qualified opportunity funds. Treasury must also make certain information regarding the investments publicly available. Qualified opportunity funds are investment vehicles that are organized as either a partnership or a corporation and receive tax benefits for investing in certain low-income communities that have been designated as opportunity zones.
What just happenedMay 7, 2019
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Booker, Cory A. [D-NJ](D-NJ)Sponsor
4 cosponsors1 D3 R
4cosponsors1committees2actions1related bills9subjects
- Introduced in SenateMay 7, 2019
- May 7, 2019IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - May 7, 2019IntroReferral10000
Introduced in Senate