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Bill116th CongressFiled Nov 22, 2019Taxation
H.R. 5252

To amend the Internal Revenue Code of 1986 to repeal opportunity zones.

Bill journey · stage 1 of 5

Just introduced

Filed
Comm.
Floor
Both
Law

What it doesSummary introduced in house (Nov 22, 2019)

This bill repeals the investment tax incentive known as qualified opportunity zones on the day after the enactment date of this bill and also repeals the special basis rule for investments in such zones held for at least 10 years.

What just happenedDec 5, 2019

Sponsor introductory remarks on measure. (CR H9286)

Who’s behind it

Rep. Tlaib, Rashida [D-MI-13](D-MI)Sponsor
1 cosponsor1 D
Read on Congress.gov
1cosponsors1committees4actions4subjects
  1. Dec 5, 2019IntroReferralB00100

    Sponsor introductory remarks on measure. (CR H9286)

  2. Nov 22, 2019IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  3. Nov 22, 2019IntroReferralIntro-H

    Introduced in House

  4. Nov 22, 2019IntroReferral1000

    Introduced in House

To amend the Internal Revenue Code of 1986 to repeal opportunity zones. — Informed