House Bill 6513
116th Congress(2019-2020)
To defer the year of inclusion for certain capital gains invested in a qualified opportunity fund.
Introduced
Introduced in House on Apr 14, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
6513
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
This bill defers for four years the tax on gain from investment in opportunity zone property. Opportunity zone property is property located in low-income communities for which certain tax incentives are provided, including deferral of the recognition of capital gains.
April 14, 2020
04/14/2020
Referred to the House Committee on Ways and Means.
04/14/2020
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:43:12 PM