,,ii #aaf? ,,congress #a/ ,session ,s4 #ajjj ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,april #c1 #bjai,mr4 ,rubio 7= himself & ,mr4 ,scott ( ,florida7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to all[ ! designation ( opportunity zones = population c5sus tracts affect$ by ,hurricane ,flor5ce1 ,hurricane ,mi*ael1 & ! ,m5doc9o1 ,c>r1 ,camp1 ,woolsey1 & ,hill wildfires4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,disa/] ,opportunity ,zones ,act4 #b4 ,additional designations ( opportunity zones ,section #adjj,z-#a ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new subsection3 7g7 ,additional designations = c]ta9 disa/] areas 7#a7 ,9 g5]al ,not)/&+ subsection 7d71 an eligible population c5sus tract may be designat$ z a qualifi$ opportunity zone4 7#b7 ,process = designation ,an eligible population c5sus tract %all be designat$ z a qualifi$ opportunity zone 9 ! same mann] z describ$ 9 subsection 7b71 except t = purposes ( apply+ su* subsection to eligible population c5sus tracts1 ! det]m9ation p]iod %all be ! #ij-;day p]iod beg9n+ on ! date ( ! enactm5t ( ?is subsection 7z ext5d$ "u subsection 7b77#b774 7#c7 ,limitation ,! numb] ( eligible population c5sus tracts t may be designat$ "u ?is subsection may n exce$ ! great] (-- 7,a7 #be p]c5t ( ! eligible population c5sus tracts 9 ! ,/ate1 or 7,b7 #be4 7#d7 ,special rules ,9 apply+ ?is sub*apt] to any qualifi$ opportunity zone designat$ "u ?is subsection1 = purposes ( det]m9+-- 7,a7 :e!r any prop]ty :i* w\ld n be qualifi$ opportunity fund bus9ess prop]ty )\t reg>d to ?is subsection is qualifi$ opportunity fund bus9ess prop]ty1 & 7,b7 :e!r any corporation or p>tn]%ip :i* is n a qualifi$ opportunity fund bus9ess )\t reg>d to ?is subsection is a qualifi$ opportunity fund bus9ess1 subp>agraphs 7,b77i77,i71 7,c77i71 & 7,d77i77,i7 ( section #adjj,z-#b7;d77#b7 %all ea* be appli$ by sub/itut+ ! incid5t beg9n+ date ( ! disa/] describ$ 9 section #adjj,z-#a7;g77#e77;,b7 ) respect to su* qualifi$ opportunity zone = ,decemb] #ca1 #bjag4 7#e7 ,eligible population c5sus tract ,= purposes ( ?is subsection-- 7,a7 ,9 g5]al ,! t]m eligible population c5sus tract means a population c5sus tract :i*-- 7i7 is a l[-income community1 & 7ii7 is "p ( a qualifi$ disa/] zone4 7,b7 ,qualifi$ disa/] zone 7i7 ,9 g5]al ,! t]m qualifi$ disa/] zone means t portion ( ! ,hurricane ,flor5ce disa/] area1 ! ,hurricane ,mi*ael disa/] area1 ! ,m5doc9o & ,c>r wildfire disa/] area1 & ! ,camp1 ,woolsey1 & ,hill wildfire disa/] area :i* is det]m9$ by ! ,presid5t to w>rant individual or individual & public assi/ance f ! ,f$]al ,gov]nm5t "u ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ! hurricane or wildfires ) respect to :i* ! major disa/] ) respect to ! area 7 decl>$4 7ii7 ,hurricane flor5ce disa/] area ,! t]m ,hurricane ,flor5ce disa/] area means any area ) respect to :i* a major disa/] has be5 decl>$ by ! ,presid5t be=e ,decemb] #ag1 #bjah1 "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ,hurricane ,flor5ce4 7iii7 ,hurricane mi*ael disa/] area ,! t]m ,hurricane ,mi*ael disa/] area means any area ) respect to :i* a major disa/] has be5 decl>$ by ! ,presid5t be=e ,decemb] #ag1 #bjah1 "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ,hurricane ,mi*ael4 7iv7 ,m5doc9o & c>r wildfire disa/] area ,! t]m ,m5doc9o & ,c>r wildfire disa/] area means any area ) respect to :i* betwe5 ,augu/ #d1 #bjah1 & ,decemb] #ag1 #bjah1 a major disa/] has be5 decl>$ by ! ,presid5t "u section #dja ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ! wildfire 9 ,cali=nia commonly kn[n z ! ,m5doc9o & ,c>r wildfires ( #bjah4 7v7 ,camp1 woolsey1 & hill wildfire disa/] area ,! t]m ,camp1 ,woolsey1 & ,hill wildfire disa/] area means any area ) respect to :i* betwe5 ,novemb] #ab1 #bjah1 & ,decemb] #ag1 #bjah1 a major disa/] has be5 decl>$ by ! ,presid5t "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act by reason ( ! wildfires 9 ,cali=nia commonly kn[n z ! ,camp1 ,woolsey1 & ,hill wildfires ( #bjah4 7,c7 ,incid5t beg9n+ date ,! t]m incid5t beg9n+ date means-- 7i7 9 ! case ( ! ,hurricane ,flor5ce disa/] area1 ,septemb] #g1 #bjah1 7ii7 9 ! case ( ! ,hurricane ,mi*ael disa/] area1 ,octob] #g1 #bjah1 7iii7 9 ! case ( ! ,m5doc9o & ,c>r wildfire disa/] area1 ,july #bc1 #bjah1 & 7iv7 9 ! case ( ! ,camp1 ,woolsey1 & ,hill wildfire disa/] area1 ,novemb] #h1 #bjah4 4