HR 4608
Growth and Opportunities Act of 2021
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- Passed House
- Passed Senate
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- Became Law
Bill overview
Growth and Opportunities Act of 2021 This bill permits qualified opportunity zones to be designated every 10 years. A qualified opportunity zone is an economically distressed or low-income area in which tax incentives are available to promote investment. Under current law, the existing zone designations expire after 10 years, and no additional designations are allowed.
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Primary sponsor
Michelle Steel
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