118th Congress · HOUSE BILLBILL

H.R. 378 — To designate all of Puerto Rico as an opportunity zone.

“To designate all of Puerto Rico as an opportunity zone.”

Taxation

Introduced Jan 17, 2023

Last action Jan 17, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jan 17, 2023

Step 2

Referred

Jan 17, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill removes conditions on the designation of Puerto Rico as a qualified opportunity zone. In general, a qualified opportunity zone is an economically-distressed community where new investment may be eligible for preferential tax treatment.

Provisions · 1 sectionsIntroduced in House

Timeline · 2 actions

Jan 17, 2023

Introduced in House

Jan 17, 2023

Referred to the House Committee on Ways and Means.