Bill117th CongressFiled Jul 21, 2021Taxation
H.R. 4608
Growth and Opportunities Act of 2021
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jul 21, 2021)
Growth and Opportunities Act of 2021
This bill permits qualified opportunity zones to be designated every 10 years. A qualified opportunity zone is an economically distressed or low-income area in which tax incentives are available to promote investment. Under current law, the existing zone designations expire after 10 years, and no additional designations are allowed.
What just happenedJul 21, 2021
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Steel, Michelle [R-CA-48](R-CA)Sponsor
4 cosponsors4 R
4cosponsors1committees3actions6subjects
- Introduced in HouseJul 21, 2021
- Jul 21, 2021IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jul 21, 2021IntroReferralIntro-H
Introduced in House
- Jul 21, 2021IntroReferral1000
Introduced in House