US HB5252 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on November 22 2019 - 25% progression, died in chamber
Action: 2019-12-05 - Sponsor introductory remarks on measure. (CR H9286)
Text: Latest bill text (Introduced) [PDF]

Summary

Repeals the investment tax incentive known as qualified opportunity zones on the day after the enactment date of this bill and also repeals the special basis rule for investments in such zones held for at least 10 years.

Tracking Information

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Title

To amend the Internal Revenue Code of 1986 to repeal opportunity zones.

Sponsors


History

DateChamberAction
2019-12-05HouseSponsor introductory remarks on measure. (CR H9286)
2019-11-22HouseReferred to the House Committee on Ways and Means.
2019-11-22HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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