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Politiparty

118th Congress Taxation

H.R. 4055: Opportunity Zones Enhancement Act of 2023

Introduced

  1. Introduced (completed)Jun 13, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Jun 13, 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).

Written by the Congressional Research Service, Library of Congress.

Roll calls

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Amendments

0 offered

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Cosponsors

1

Who scored on this bill

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Other bills by Garland Barr

History

  1. Jun 13, 2023Introduced in the House by Garland Barr.
Show the full action history (2 actions)
  1. Jun 13, 2023Introduced in House
  2. Jun 13, 2023Referred to the House Committee on Ways and Means.