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H.R. 3906

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to establish special rules for capital gains invested in rural opportunity zones.
About This Bill
Committee
Latest Action · June 7, 2023
Referred to the House Committee on Ways and Means.
Congress
118th (2023–2025)
Introduced
June 7, 2023
Cosponsors (4)
0D 4R
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Summary

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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.

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