And so this rural opportunity zone that was supposed to be created didn't ever receive any of the benefit or very little of the benefit. But In this bill in particular, we set aside a specific definition and demarcation for actual rural communities. to say we want to incentivize folks that will come in here and invest and hold that investment investment to have a lower capital gains rate at the end of … (06:23–06:31)
CLAIM
Asserts that the bill defines and demarcates rural communities for opportunity zones.
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