Rust to Revitalization Act of 2022
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Mar 21, 2022)
Rust to Revitalization Act of 2022
This bill sets forth a special rule for the certification and designation of a population census tract as a qualified opportunity zone. The population census tract must have a population of zero, was previously used for industrial purposes and is a brownfield industrial site, and is contiguous, including by water, to a population census tract that has been designated as a qualified opportunity zone.
A qualified opportunity zone is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment.
What just happenedMar 21, 2022
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseMar 21, 2022
- Mar 21, 2022IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Mar 21, 2022IntroReferralIntro-H
Introduced in House
- Mar 21, 2022IntroReferral1000
Introduced in House