There is good news for community development enthusiasts and opportunity zone investors. OZ legislation is making its way through Congress with promising momentum.
On May 12, the House Ways and Means Committee unveiled its massive 389-page reconciliation bill, dubbed The One, Big, Beautiful Bill. Within this legislative behemoth lies Section 111102, titled "Renewal and Enhancement of Opportunity Zones," marking the first concrete step toward extending this impactful program beyond its current 2026 expiration date.
