Bill SponsorBILLSPONSOR
Bill Sponsor
Politicians
Bills
House Bill 970
117th Congress(2021-2022)
Opportunity Zone Extension Act of 2021
Introduced
Introduced
Introduced in House on Feb 11, 2021
Overview
Text
Introduced in House 
Feb 11, 2021
No Linkage Found
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
Introduced in House(Feb 11, 2021)
Feb 11, 2021
No Linkage Found
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
Jump To
H. R. 970 (Introduced-in-House)


117th CONGRESS
1st Session
H. R. 970


To amend the Internal Revenue Code of 1986 to extend the qualified opportunity zone tax incentive, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

February 11, 2021

Mr. Burchett (for himself and Mr. Cuellar) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to extend the qualified opportunity zone tax incentive, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Opportunity Zone Extension Act of 2021”.

SEC. 2. Extension of election and gain deferral periods until December 31, 2028.

(a) Extension of election period.—Section 1400Z–2(a)(2)(B) of the Internal Revenue Code of 1986 is amended by striking “December 31, 2026” and inserting “December 31, 2028”.

(b) Extension of deferral period.—Section 1400Z–2(b)(1)(B) of such Code is amended by striking “December 31, 2026” and inserting “December 31, 2028”.

(c) Effective date.—The amendments made by this section shall apply as if included in the enactment of section 13823 of Public Law 115–97.