Tweet - "I've always raised concerns that the Opportunity Zone incentive would turn out to be a tax credit for rich investors w/ limited benefits for low-income communities. This legislation makes changes to ensure it's making an impact in the communities that need investments the most."

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Date: Nov. 13, 2019

"I've always raised concerns that the Opportunity Zone incentive would turn out to be a tax credit for rich investors w/ limited benefits for low-income communities.

This legislation makes changes to ensure it's making an impact in the communities that need investments the most."

"The Opportunity Zone Reform Act would:

✅ Prohibit investments in stadiums, parking lots, & luxury apartments
✅ Terminate zones that are not low-income or impoverished
✅ Tighten rules to ensure investments are actually in opportunity zones"

@WhipClyburn


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