To amend the Internal Revenue Code of 1986 to permit certain population census tracts containing former military installations to be designated as qualified opportunity zones.
About This Bill
Committee
Latest Action · July 30, 2026
Referred to the House Committee on Ways and Means.
This bill amends the tax code to make areas surrounding closed military bases eligible to be designated as "qualified opportunity zones," which are special investment areas that offer tax incentives to attract business development and economic growth. Currently, qualified opportunity zones must meet strict income and poverty requirements, but this legislation would allow census tracts containing former Department of Defense installations closed through military base realignment and closure rounds to qualify regardless of their current income levels. The bill also increases the number of opportunity zones each state can designate by allowing states to add zones around these former military sites in addition to their existing allocation. This change applies to any designations made after the law is enacted and is intended to spur reindustrialization and economic revitalization in communities affected by military base closures.
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