H.R. 4055 · 118th Congress · House

Opportunity Zones Enhancement Act of 2023

Active· Referred to the House Committee on Ways and Means.
Introduced
Jun 13, 23
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Opportunity Zones Enhancement Act of 2023

This bill excludes from gross income, for income tax purposes, certain amounts of interest received by a depository institution on any loan to a qualified opportunity zone business (businesses located in economically-distressed communities that may qualify for preferential tax treatment, such as capital gains tax avoidance).

Action Timeline

3
  1. JUN 13, 2023IntroReferral

    Introduced in House

  2. JUN 13, 2023IntroReferral

    Introduced in House

  3. JUN 13, 2023IntroReferral

    Referred to the House Committee on Ways and Means.

Committees

1

Ways and Means Committee

hswm00

Referred: Jun 13, 2023

Active