US Codex
Bill
Notes

To defer the year of inclusion for certain capital gains invested in a qualified opportunity fund.

H.R. 6513 · 116th Congress · Apr 14, 2020 · Lineage

A BILL

1. Deferral of gain invested in opportunity zone property extended to 2030

(a)
In general— Section 1400Z–2(b)(1)(B) is amended by striking “December 31, 2026” and inserting “December 31, 2030”.
(b)
Effective date— The amendments made by this section shall apply to taxable years beginning after the date of enactment of this section.