A bipartisan bill introduced in the Senate Finance Committee would extend the Qualified Opportunity Zone (QOZ) program through December 2030, push back the current 2026 deferral inclusion date, and re-designate underperforming zones based on updated census data.
For landlords sitting on substantial gains, the extension would preserve the deferral pathway. The bill also clarifies basis step-up rules for 5- and 7-year holds.
The bill is in early committee markup. Industry groups expect modifications before any floor vote.