,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #djaa  ,,in ,,the ,,house ,,of  
,,representatives  ,july #be1 #bjai,mr4 
,cummings 7for himself and ,ms4 ,tlaib7 
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    
require lead remediation for qualified  
opportunity zone property originally    
constructed before ,january #a1 #aigh4  
#a4 ,short title ,this ,act may be cited
 as the ,opportunity ,zone ,lead        
,remediation ,impact ,act of #bjai4  #b4
 ,lead remediation requirements for     
qualified opportunity funds  7a7 ,lead  
remediation requirements for pre-#aigh  
property ,section                       
#adjj,z-#b7;d77#b77;,d7 of the ,internal
 ,revenue ,code of #aihf is amended by  
adding at the end the following new     
clause3  7iv7 ,lead remediation         
requirements for pre-#aigh property ,for
 purposes of subparagraph 7,a77ii71 no  
residential property originally         

constructed before ,january #a1 #aigh1  
shall be treated as substantially       
improved by the qualified opportunity   
zone fund unless1 after improvement--   
7,i7 such property contains no painted  
surfaces that exceed the levels         
described in section #cjb7;c7 of the    
,lead-,based ,paint ,poisoning and      
,prevention ,act1 and  7,,ii7 any pipes 
and fixtures of such property are lead  
free 7as such term is defined in section
 #adag of the ,safe ,water ,drinking    
,act74  4  7b7 ,donation of opportunity 
fund assets ,section #adjj,z-#b7;d77#a7 
,internal ,revenue ,code of #aihf is    
amended by striking that holds and all  
that following through the period at the
 end and inserting the following3 that--
 7,a7 holds at least #hh percent of its 
assets in qualified opportunity zone    
property1 determined by the average of  
the percentage of qualified opportunity 
zone property held in the fund as       
measured--  7i7 on the last day of the  
first #f-month period of the taxable    

year of the fund1 and  7ii7 on the last 
day of the taxable year of the fund1 and
  7,b7 donates not less than #b percent 
of amounts invested in such fund for use
 for remediation of lead hazards in     
paint1 dust1 soil1 and drinking water in
 residential properties1 nonresidential 
buildings housing child care facilities 
7within the meaning of section #cje of  
the ,toxic ,substances ,control ,act71  
or school facilities 7within the meaning
 of section #eja of such ,act7 in a     
qualified opportunity zone4  4  7c7     
,effective date ,the amendments made by 
this ,act shall apply to capital gains  
realized in taxable years beginning     
after the date of the enactment of this 
,act4