Opportunity Zone Oversight Bills Introduced in Congress

Opportunity Zone Oversight Bills Introduced in Congress



Recently, congressional Democrats have been increasing oversight efforts over the Opportunity Zone (OZ) program. This program is a community investment incentive established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments in low-income urban and rural communities nationwide. Treasury and the IRS have yet to finalize the regulations governing OZ investment.

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