Opportunity zones definition

Opportunity zones means designated areas included in the Tax cuts and Jobs Act of
Opportunity zones has the meaning ascribed to it in the U.S. Tax Cut and Jobs Act of 2017.
Opportunity zones means “qualified opportunity zones” in the United States and its possessions, as designated pursuant to Section 1400Z-1 of the Code.

Examples of Opportunity zones in a sentence

  • Opportunity zones are census tracts of low-income areas generally designated by state governors and certified by the U.S. Department of the Treasury.

  • Opportunity zones are limited to census tracts that have at least a 20-percent poverty rate or are below 80 percent of the state or city median income.

  • The Department will first create a dynamic map of public investment and other services based on existing and developed data to assess the details of what defines low resourced areas (Areas of Vulnerability – DPH), high resourced areas (High Opportunity zones), and all other areas.

  • A full business case will be presented to Qualis Board in June 2021 seeking approval before submission of the offer to EFDC.

  • Opportunity zones were added to the tax code by the Tax Cuts and Jobs Act on December 22, 2017.

  • Opportunity Zones: Opportunity zones are a new and unique federal initiative that targets private investment to communities in need of economic development.

  • In the alternative, EERE may invite certain applicants to 20 Opportunity zones were added to the Internal Revenue Code by section 13823 of the Tax Cuts and Jobs Act of 2017, codified at 26 U.S.C. 1400Z-1.

  • Opportunity zones have been designated in all 50 states, the District of Columbia, and five U.S. territories.

  • Rigorous technical reviews of [1] Opportunity zones were added to the Internal Revenue Code by section 13823 of the Tax Cuts and Jobs Act of 2017, codified at 26 U.S.C. 1400Z-1.

  • Currently, there are >8,700 Opportunity zones in the United States, many of which have experienced a historical lack of investment, like former industrial or manufacturing regions.Opportunity zones are located in all 50 US states, including Alaska, Hawaii, the US Virgin Islands, and across more than 90% of the island of Puerto Rico.

Related to Opportunity zones

  • Community service means compulsory service, without

  • Community basin means an infiltration system, sand filter designed to infiltrate, standard constructed wetland, or wet pond, established in accordance with N.J.A.C. 7:8-4.2(c)14, that is designed and constructed in accordance with the New Jersey Stormwater Best Management Practices Manual, or an alternate design, approved in accordance with N.J.A.C. 7:8-5.2(g), for an infiltration system, sand filter designed to infiltrate, standard constructed wetland, or wet pond and that complies with the requirements of this chapter.

  • Community school means a community school established under Chapter 3314. of the Revised Code.

  • Business Opportunity means any commercial, investment or other business opportunity relating to the Business.

  • Community health worker means an individual who:

  • Community water system means a public water system which serves at least 15 service connections used by year-round residents or regularly serves at least 25 year-round residents.

  • Noncommunity water system means a public water system that is not a community water system.

  • Energy Market Opportunity Cost means the difference between (a) the forecasted cost to operate a specific generating unit when the unit only has a limited number of available run hours due to limitations imposed on the unit by Applicable Laws and Regulations, and (b) the forecasted future Locational Marginal Price at which the generating unit could run while not violating such limitations. Energy Market Opportunity Cost therefore is the value associated with a specific generating unit’s lost opportunity to produce energy during a higher valued period of time occurring within the same compliance period, which compliance period is determined by the applicable regulatory authority and is reflected in the rules set forth in PJM Manual 15. Energy Market Opportunity Costs shall be limited to those resources which are specifically delineated in Operating Agreement, Schedule 2. Energy Resource:

  • Community or broad-based enterprise means an enterprise that has an empowerment shareholder who represents a broad base of members such as a local community or where the benefits support a target group, for example black women, people living with disabilities, the youth and workers. Shares are held via direct equity, non-profit organisations and trusts.