Summary: H.R.970 — 117th Congress (2021-2022)All Information (Except Text)

There is one summary for H.R.970. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (02/11/2021)

This bill extends for two years the election and capital gain deferral periods for qualified opportunity zones. An opportunity zone is an economically-distressed community where private investments, under certain conditions, may be eligible for capital gain tax incentives.