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Opportunity Zones were created under the 2017 Tax Cuts and Jobs Act, signed into law by President Donald Trump. The first Opportunity Zones were designated in April 2018. [4] There are 8,764 Opportunity Zones in the 50 states, and five U.S. possessions, including American Samoa, Guam, Northern Mariana Islands, Puerto Rico, and the Virgin ...
Senator Tim Scott is announcing a new effort to keep the Opportunity Zones high-profile - and even signaling an openness to changes - as the Biden administration prepares to take it over.
The program, created as part of the Trump-era tax cuts, is meant to encourage investment in low-income areas. Some fruits of the program are being reaped here in Columbia.
Scott lists his top accomplishment in the Senate such as the inclusion of opportunity zones in the Trump-era tax cut law, an initiative encouraging wealthier developers to invest in poor areas.
Sen Tim Scott (R-S.C.) ... After that meeting, Trump and Scott also worked on passing opportunity zones as part of Trump’s 2017 tax cuts. During his interview with Fox, he credited that original ...
Targeting Opportunity Zones and Other Distressed Communities for Federal Site Locations [bo] August 24, 2020 August 27, 2020 85 FR 52879 2020-19032 [416] [417] 14091 [222] 183 13947: Increasing Drug Importation to Lower Prices for American Patients July 24, 2020 September 18, 2020 85 FR 59171 2020-20887 [399] [418] 184 13948
Trump's cabinet choices were described by news media as valuing personal loyalty over relevant experience, [6] [7] and for having a range of conflicting ideologies and "eclectic personalities". [8] [9] It was also described as the wealthiest administration in modern history, with over 13 billionaires chosen to take government posts. [10] [11]
A person close to the senator pointed out that Trump and Scott have a long-standing relationship from Trump’s time in office, when they worked together on tax cuts, opportunity zones, increased ...