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United States · Bill · HR

H.R. 6529 (116th)

COVID-19-Impacted Small Business Opportunity Zone Act

referredUnited States· United States Congress· EN

Introduced

17 April 2020

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

COVID-19-Impacted Small Business Opportunity Zone Act This bill designates certain small businesses affected by COVID-19 (i.e., coronavirus disease 2019) as qualified opportunity zone businesses. This designation makes certain tax benefits, including favorable capital gains treatment, available to affected businesses that have experienced supply chain disruptions, staffing challenges, decrease in sales or customers, or partial or full suspension of business.

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Documents

3 official files

Introduced in House (text)

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