Bill116th CongressFiled Apr 17, 2020Taxation
H.R. 6529
COVID-19-Impacted Small Business Opportunity Zone Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Apr 17, 2020)
COVID-19-Impacted Small Business Opportunity Zone Act
This bill designates certain small businesses affected by COVID-19 (i.e., coronavirus disease 2019) as qualified opportunity zone businesses. This designation makes certain tax benefits, including favorable capital gains treatment, available to affected businesses that have experienced supply chain disruptions, staffing challenges, decrease in sales or customers, or partial or full suspension of business.
What just happenedApr 17, 2020
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Curtis, John R. [R-UT-3](R-UT)Sponsor
2 cosponsors1 D1 R
2cosponsors1committees3actions10subjects
- Introduced in HouseApr 17, 2020
- Apr 17, 2020IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Apr 17, 2020IntroReferralIntro-H
Introduced in House
- Apr 17, 2020IntroReferral1000
Introduced in House