,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #ahea  ,,in ,,the ,,house ,,of  
,,representatives  ,march #ba1 #bjai,mr4
 ,meadows introduced the following bill2
 which was referred to the ,committee on
 ,ways and ,means  ,a ,,bill  ,to amend 
the ,internal ,revenue ,code of #aihf to
 allow certain ,federally declared      
disaster areas to be designated as      
opportunity zones for purposes of       
economic development and recovery4  #a4 
,short title ,this ,act may be cited as 
the ,disaster ,recovery and ,opportunity
 ,act of #bjai4  #b4 ,treatment as      
opportunity zones  7a7 ,in general      
,section #adjj,z-#a of the ,internal    
,revenue ,code of #aihf is amended by   
adding at the end the following new     
subsection3  7g7 ,certain disaster zones
  7#a7 ,designation ,with respect to a  
,federally declared disaster1 the chief 
executive officer of a ,state may       
designate under this paragraph not more 
than #e percent of the applicable       
disaster tracts in such ,state with     

respect to such disaster4  7#b7 ,no     
effect on limitation on number of       
designations ,an applicable disaster    
tract designated under paragraph 7#a7   
shall not be taken into account in      
determining the limitation under        
subsection 7d74  7#c7 ,applicable       
disaster tract ,the term applicable     
disaster tract means1 with respect to a 
,federally declared disaster1 a         
population census tract in the disaster 
area related to such disaster4  7#d7    
,federally declared disaster2 disaster  
area ,in this subsection1 the term      
,federally declared disaster and the    
term disaster area have the meaning     
given such terms in section #afe7;i74   
7#e7 ,applicable start date  7,a7       
,qualified opportunity fund businesses  
and property ,in the case of an         
applicable disaster tract designated    
under paragraph 7#a71 subparagraphs     
7,b77i77,i71 7,c77i71 and 7,d77i77,i7 of
 section #adjj,z-#b7;d77#b7 shall each  
be applied by substituting the          

applicable start date for ,december #ca1
 #bjag4  7,b7 ,extension of             
determination period ,in the case of an 
applicable disaster tract designated    
under paragraph 7#a71 section           
7c77#b77;,b7 shall be applied by        
substituting the applicable start date  
for the date of the enactment of the    
,tax ,cuts and ,jobs ,act4  7,c7        
,applicable start date ,the term        
applicable start date means1 with       
respect to a disaster area1 the earliest
 incident date specified in the         
declaration to which such area relates4 
4  7b7 ,effective date ,the amendments  
made by this section shall apply with   
respect to ,federally declared disasters
 declared after the date of the         
enactment of this ,act4