H.R. 3906 · 118th Congress
Rural Opportunity Zone and Investment Act
- Stage
- In committee
- Sponsor
- A. Ferguson
- Introduced
- 2023-06-07
- Latest action
- 2023-06-07 · Introduced in House
Summary
Rural Opportunity Zone and Investment Act
This bill provides for the deferral of tax until December 31, 2032, on capital gains invested in qualified rural opportunity zones. A qualified rural opportunity zone is any population census tract that is located in a rural county and is in persistent poverty.