3 min read

House Revenue: Tuesday, March 21, 2023

The committee held a public hearing on a proposal to disconnect from the federal capital gains treatment for Opportunity Zones. It also continued its discussion on state and local tax uniformity.

Hearing Summary

On Tuesday, the House Revenue Committee held a public hearing on a perennial proposal to disconnect from the capital gains exclusion for federal opportunity zones. The committee also held an informational hearing on the proposal to require local governments to operate their income taxes uniformly with the state income tax.

This post is for subscribers of Tax Insider

Contact us for more information about our premium newsletter products

Get these updates in your inbox.

Join our growing list of businesses, journalists, and political professionals receiving our newsletter.

No spam. Weekly during legislative sessions. Unsubscribe any time.