,,ii #aaf? ,,congress #a/ ,session ,s4 #acdd ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,may #g1 #bjai,mr4 ,book] 7= himself1 ,mr4 ,scott ( ,s\? ,c>ol9a1 ,mr4 ,"y1 & ,ms4 ,hassan7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to require ! ,secret>y ( ! ,treasury to collect data & issue a report on ! opportunity zone tax inc5tives enact$ by ! #bjag tax re=m legislation1 & = o!r purposes4 #a4 ,collection ( data on opportunity zone tax inc5tives 7a7 ,9 g5]al ,! ,secret>y ( ! ,treasury1 or ! ,secret>y's delegate 7ref]r$ to 9 ?is ,act z ! ,secret>y71 %all collect in=mation on inve/m5ts held by qualifi$ opportunity funds 7z def9$ 9 section #adjj,z-#b7;d7 ( ! ,int]nal ,rev5ue ,code ( #aihf7 nationally & at ! ,/ate level1 :i* %all include-- 7#a7 ! numb] ( su* qualifi$ opportunity funds1 7#b7 ! am\nt ( assets held 9 qualifi$ opportunity funds1 7#c7 ! composition ( qualifi$ opportunity fund inve/m5ts by asset class1 7#d7 ! p]c5tage ( qualifi$ opportunity zone c5sus tracts designat$ "u sub*apt] ,z ( ! ,int]nal ,rev5ue ,code ( #aihf 7z add$ by section #achbc ( ,public ,law #aae-ig7 t h receiv$ qualifi$ opportunity fund inve/m5ts1 & 7#e7 ! impacts & outcomes ( zone designation 9 ^? areas on economic indicators1 includ+ job creation1 pov]ty r$uction1 new bus9ess />ts1 & o!r metrics z det]m9$ by ! ,secret>y4 7b7 ,inve/m5ts ,= any inve/m5t describ$ 9 subsection 7a71 ! ,secret>y %all collect relevant in=mation reg>d+ ea* su* inve/m5t1 includ+-- 7#a7 ! total am\nt ( ! inve/m5t & ! date on :i* su* inve/m5t 0 made1 7#b7 ! type ( inve/m5t1 su* z :e!r ! inve/m5t is 9 an exi/+ bus9ess1 new bus9ess1 or real prop]ty1 & ! location ( su* bus9ess or prop]ty1 7#c7 ! type ( activity be+ support$ by su* inve/m5t1 su* z s+le-family or multi-family resid5tial prop]ties1 comm]cial prop]ties1 or ! economic sectors 9 :i* ! bus9ess op]ates1 7#d7 9 ! case ( a bus9ess1 ! approximate numb] ( full-"t employees at ! "t ! inve/m5t 9 su* bus9ess 0 made1 & 7#e7 9 ! case ( real prop]ty1 ! approximate total squ>e footage & ! approximate numb] ( resid5tial units1 z applicable4 7c7 ,collection ( in=mation ,= purposes ( any in=mation describ$ 9 ?is section1 ! ,secret>y %all e/abli% appropriate proc$ures & measures to ensure t-- 7#a7 collection ( su* in=mation is p]=m$ 9 a mann] s z to prev5t duplicative or r$undant report+1 & 7#b7 any p]sonally id5tifiable data includ$ 9 su* in=mation is prop]ly protect$ & )held f disclosure to ! public4 #b4 ,report to ,congress ,! ,secret>y %all submit a report to ,congress on ! opportunity zone inc5tives enact$ by section #achbc ( ,public ,law #aae-ig1 beg9n+ #e ye>s aft] ! date ( enactm5t ( ?is ,act & annually !reaft]1 :i* %all include ! in=mation describ$ 9 section #a7;a74 #c4 ,in=mation reg>d+ inve/m5ts ,subject to subsection 7c7 ( section #a1 ! ,secret>y %all make ! in=mation submitt$ pursuant to subsection 7b7 ( su* section publicly available1 ) su* in=mation to be made available n lat] ?an ! date :i* is #a ye> aft] ! date ( enactm5t ( ?is ,act & annually !reaft]1 foll[+ ! initial report+ ( su* in=mation by any qualifi$ opportunity fund4