Disaster Recovery and Opportunity Act of 2019

Summary

Official

Disaster Recovery and Opportunity Act of 201 9 This bill allows the chief executive officer (e.g., governor) of a state to designate certain population census tracts in areas related to federally declared disasters as opportunity zones. This makes investments in the areas eligible for various tax incentives.

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Bill Progress

Bill has been introduced and assigned a number

Introduced(3/21/19)

Committee

Passed House

Passed Senate

President

Law

Sponsor

Mr. Meadows

(R) NC – 11

Cosponsors (1)

Dunn

House (R) Florida

Topics

Business & Finance

Infrastructure

Latest Action

Referred to the House Committee on Ways and Means.

Mar 21, 2019