To designate all of Puerto Rico as an opportunity zone.
USA116th CongressHR-7492| House
| Updated: 7/6/2020
Jenniffer González-Colón
Republican Representative
Puerto Rico
Ways and Means Committee, Tax Subcommittee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This bill removes conditions on the designation of Puerto Rico as a qualified opportunity zone. In general, a qualified opportunity zone is an economically-distressed community where new investment may be eligible for preferential tax treatment.
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Timeline
Introduced in House
Referred to the Subcommittee on Select Revenue Measures.
Referred to the House Committee on Ways and Means.
Taxation
Business investment and capitalCapital gains taxEconomic developmentIncome tax deferralIncome tax exclusionPuerto RicoU.S. territories and protectorates
To designate all of Puerto Rico as an opportunity zone.
USA116th CongressHR-7492| House
| Updated: 7/6/2020
This bill removes conditions on the designation of Puerto Rico as a qualified opportunity zone. In general, a qualified opportunity zone is an economically-distressed community where new investment may be eligible for preferential tax treatment.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the Subcommittee on Select Revenue Measures.
Referred to the House Committee on Ways and Means.
Jenniffer González-Colón
Republican Representative
Puerto Rico
Ways and Means Committee, Tax Subcommittee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Business investment and capitalCapital gains taxEconomic developmentIncome tax deferralIncome tax exclusionPuerto RicoU.S. territories and protectorates