To amend the Internal Revenue Code of 1986 to modify the rules relating to qualified opportunity zones, and for other purposes.
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
This bill, To amend the Internal Revenue Code of 1986 to modify the rules relating to qualified opportunity zones, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Education.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H24B074D1177A47E1ABB4CE80371214B2: 1. Short title This Act may be cited as the Opportunity Zones Transparency, Extension, and Improvement Act.
- Section H29D3D7BCE59845FBAF2BA1DB8420246E: 2. Findings Congress makes the following findings: The 8,764 population census tracts designated as qualified opportunity zones under section 1400Z–1 of the...
- Section H72042F0316434356B7C68D5D62EA0E61: 101. Modification of population census tracts designated as qualified opportunity zones Section 1400Z–1 of the Internal Revenue Code of 1986 is amended by...
- Section H5FB37933FF444C2EAFF7A397F5FEC72E: 102. Certain former industrial tracts permitted to be designated as opportunity zones Section 1400Z-1 of the Internal Revenue Code of 1986, as amended by...
- Section H0E02442DB0494BBD81B14AC06CAC8EAA: 201. Information reporting on qualified opportunity funds Subpart A of part III of subchapter A of chapter 61 of the Internal Revenue Code of 1986 is amended...
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
This bill, To amend the Internal Revenue Code of 1986 to modify the rules relating to qualified opportunity zones, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Government Operations, Education
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to modify the rules relating to qualified opportunity zones, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Kelly of Pennsylvania (for himself, Mr. Kildee, Mrs. Miller …
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?
- "secretary_of_treasury"
- → Secretary of the Treasury
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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