Introduced
H. R. 7820
Introduced in House · March 25, 2026March 5, 2026
Mrs. Cherfilus-McCormick introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to modify the rules for investments in qualified opportunity funds, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Modification of rules for investments in qualified opportunity funds.
- (a) Extension of designation period of qualified opportunity zones.— Section 1400Z–1(f) of the Internal Revenue Code of 1986 is amended by striking “10th calendar year” and inserting “20th calendar year”.