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Can the government create new OZs to help revitalize areas hit hard by COVID-19?

Are there any legislative changes underway to use the OZ program to stimulate the economy?


Answers
  • David LeGrand
    May 05, 2020

    I have heard of nothing new on Opportunity Zones.

  • Brad Cohen
    May 05, 2020

    Yes. Possibly opening up the tax benefits for all active business investments.

  • Matt Campbell
    May 05, 2020

    I'm not aware of any. They conceivably could update the zones but I don't see it happening.

  • Matthew Rappaport
    May 05, 2020

    I haven't heard of any pending legislation, but this is a possibility.

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