Bill Sponsor
House Bill 7262
116th Congress(2019-2020)
Community Development in Opportunity Zones Act of 2020
Introduced
Introduced
Introduced in House on Jun 18, 2020
Overview
Text
Introduced
Jun 18, 2020
Latest Action
Jun 18, 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
7262
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.
Sponsorship by Party
Democrat
New York
Democrat
California
Democrat
California
Democrat
California
Democrat
Illinois
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

Community Development in Opportunity Zones Act of 2020

This bill includes within the definition of qualified opportunity zone business any community development financial institution. This allows qualified opportunity funds to invest in such institutions.

Text (1)
June 18, 2020
Actions (2)
06/18/2020
Referred to the House Committee on Ways and Means.
06/18/2020
Introduced in House
Public Record
Record Updated
Feb 9, 2022 12:55:51 AM