United States 116th Congress Status: Died 1 R cosponsors

HR 7492 — To designate all of Puerto Rico as an opportunity zone.

Last action — Referred to the House Committee on Ways and Means.

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. Died in session

This bill died with 116th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Removes conditions on the designation of Puerto Rico as a qualified opportunity zone. In general, a qualified opportunity zone is an economically-distressed community where new investment may be eligible for preferential tax treatment.

Bill Text

We don't have the full text on file for this bill yet.

Read HR 7492 on the official United States source →

Action History

  1. Referred to the House Committee on Ways and Means.

  2. Referred to the Subcommittee on Select Revenue Measures.

  3. Introduced in House

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

Taxation Business investment and capital Capital gains tax Economic development Income tax deferral Income tax exclusion Puerto Rico U.S. territories and protectorates
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HR 7492 do?
Removes conditions on the designation of Puerto Rico as a qualified opportunity zone. In general, a qualified opportunity zone is an economically-distressed community where new investment may be eligible for preferential tax treatment.
Who sponsors HR 7492?
HR 7492 is sponsored by Jenniffer Gonzalez-Colon (R).
What is the current status of HR 7492?
This bill died with 116th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HR 7492?
Track HR 7492 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes about 16 hours ago · updated continuously

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