2020 Regular Session
Overview
At the request of: | (at the request of House Interim Committee on Revenue for Representative Nancy Nathanson) |
Chief Sponsors: | |
Regular Sponsors: | |
Bill Title: | Relating to opportunity zones; prescribing an effective date. |
Catchline/Summary: | Requires taxpayer to increase basis of investment by 50 percent of difference between fair market value and original basis, at sale or exchange of investment in opportunity zone property held at least 10 years, in lieu of full fair market value basis allowed in federal law. |
Chapter Number: | |
Fiscal Impact: | Has Minimal Fiscal Impact |
Revenue Impact: | Revenue Impact Issued |
Measure Analysis: | Staff Measure Summary / Impact Statements |
Current Location: | At House Desk Upon Adjournment |
Current Committee: | |
Current Subcommittee: | |
Subsequent Referral(s): |
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Potential Conflicts of Interest/Vote Explanations: | Potential Conflicts of Interest/Vote Explanation Documents |