Coni Rathbone’s op-ed, titled “Congress has work to do in legislation that revisits Opportunity Zones,” was discussed on the 1/29 episode of the Opportunity Zones Podcast by co-hosts Andy Hagans and Jimmy Atkinson.
The episode highlights Rathbone’s call that Congress needs to reform opportunity zones to become more transparent and be held accountable. The hosts discuss Rathbone’s explanation of H.R. 5761 (a bill that could reform opportunity zones for the better, according to Rathbone), and Rathbone’s pessimism that any bill calling for reform in 2024 will be passed.
“While it might be possible for the Senate and House to pass any tax bill prior to the 2024 election, I am not optimistic. More work remains to be done to craft the perfect bill, as the case for these economic zones could not be more apparent,” reads co-host Hagans from Rathbone’s article. He continues, “I believe that most people can agree that the substance of the bill is good, but because it is a tax bill, it must be packaged with a larger tax bill that can only gain traction in Washington.”
Listen to the podcast in full; click here (minute 5:00-10:45)