To designate all of Puerto Rico as an opportunity zone.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill requires all of Puerto Rico designated as an opportunity zone Section 1400Z–1(b)(3) of the Internal Revenue Code of 1986 is amended by striking that is a low-income community shall be deemed to be certified. It relies on definition changes, tax rate changes, and compliance mandates. The main policy areas are Regulated Industries.
Who Benefits and How
Regulated entities and members of the public affected by the bill could face lower compliance burdens.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties and Public beneficiaries or protected communities affected by the clause could face increased risk.
Key Provisions
- Requires all of Puerto Rico designated as an opportunity zone Section 1400Z–1(b)(3) of the Internal Revenue Code of 1986 is amended by striking that is a low-income community shall be deemed to be certified...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill requires all of Puerto Rico designated as an opportunity zone Section 1400Z–1(b)(3) of the Internal Revenue Code of 1986 is amended by striking that is a low-income community shall be deemed to be certified.
Key Policy Areas
Regulated Industries
Primary Purpose
The bill requires all of Puerto Rico designated as an opportunity zone Section 1400Z–1(b)(3) of the Internal Revenue Code of 1986 is amended by striking that is a low-income community shall be deemed to be certified.
Policy Domains
Whole bill
Identified Gains
- Regulated entities and members of the public affected by the bill
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Public beneficiaries or protected communities affected by the clause
Legislative Progress
IntroducedMrs. González-Colón introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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