Bill118th CongressFiled Jun 7, 2023Taxation
H.R. 3906
Rural Opportunity Zone and Investment Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jun 7, 2023)
Rural Opportunity Zone and Investment Act
This bill provides for the deferral of tax until December 31, 2032, on capital gains invested in qualified rural opportunity zones. A qualified rural opportunity zone is any population census tract that is located in a rural county and is in persistent poverty.
What just happenedJun 7, 2023
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Ferguson, A. Drew, IV [R-GA-3](R-GA)Sponsor
4 cosponsors4 R
4cosponsors1committees3actions
- Introduced in HouseJun 7, 2023
- Jun 7, 2023IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jun 7, 2023IntroReferralIntro-H
Introduced in House
- Jun 7, 2023IntroReferral1000
Introduced in House