United States · Bill · HR
H.R. 4999 (116th)
To amend the Internal Revenue Code of 1986 to require fairness and diversity in opportunity zone investment.
Introduced
8 November 2019
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
3 January 2025
Summary
This bill amends the Internal Revenue Code, with respect to opportunity zones, to require a qualified opportunity fund to have an investment advisory board and meet certain investment diversity and affordable housing investment requirements. The fund must also report to the congressional tax committees on how investments in opportunity zones will affect different racial and ethnic groups within the zones.
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Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 8 November 2019
Introduced in House (PDF)
Introduced in House · EN · 8 November 2019
Introduced in House
summary · EN · 8 November 2019
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/116th-congress/house-bill/4999
- Open data entity: https://api.congress.gov/v3/bill/116/hr/4999