H.R. 6513

116TH CONGRESS
2D SESSION

H.R. 6513

To defer the year of inclusion for certain capital gains
invested in a qualified opportunity fund.

IN THE HOUSE OF REPRESENTATIVES

APRIL 14, 2020

Mr. RIGGLEMAN (for himself, Mr. RESCHENTHALER, Mr. FERGUSON,
Mr. STEIL, Mr. BURCHETT, and Mr. TIPTON) introduced the following bill;
which was referred to the Committee on Ways and Means

A BILL

To defer the year of inclusion for certain capital gains invested in a qualified opportunity fund.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. DEFERRAL OF GAIN INVESTED IN OPPORTUNITY ZONE PROPERTY EXTENDED TO 2030.

(a) IN GENERAL. — Section 1400Z-2(b)(1)(B) is amended by striking "December 31, 2026" and inserting "December 31, 2030".

(b) EFFECTIVE DATE. — The amendments made by this section shall apply to taxable years beginning after the date of enactment of this section.