Treasury & IRS news

Treasury and IRS guidance, notices and legislation that shape Opportunity Zone 2.0. 14 stories, newest first.

OZ 2.0 Nominations: What Happens After Oct 28 and by Nov 27 Published Oct 26, 2026, 7:22 AM ET
Puerto Rico Senate bill would keep the 2018 Opportunity Zone map for local tax breaks as the federal cap drops to 178 tracts Published Oct 19, 2026, 9:23 AM ET
Rural 30% step-up: what Notice 2026-55 says, and what it is worth on a $500K gain Published Oct 11, 2026, 7:56 AM ET
What happens after states file: Treasury's Nov 27 review window under Rev. Proc. 2026-14 Published Oct 10, 2026, 9:17 AM ET
IRS Notice 2026-55 seeks comments on OZ 2.0 homebuilding, working capital and the 30-year rule Published Oct 5, 2026, 12:23 PM ET
IRS moves the comment deadline on new OZ fund reporting rules to October 26 Published Oct 3, 2026, 7:10 AM ET
18 days left: governors race the September 28 OZ 2.0 nomination deadline Published Sep 10, 2026, 8:22 AM ET
Treasury: $112 billion invested through Opportunity Zones, with a $75 billion tax bill coming due in 2026 Published Jul 31, 2026, 9:02 AM ET
Treasury opens the OZ 2.0 nomination cycle — governors have 90 days to nominate tracts Published Jul 2, 2026, 10:24 AM ET
Federal housing bill would steer Opportunity Zone dollars to office-to-housing conversions Published Jun 25, 2026, 7:53 AM ET
IRS releases Notice 2026-40: transitional guidance and proposed-regulation roadmap for OZ 2.0 Published Jun 21, 2026, 12:28 PM ET
Treasury and IRS publish OZ 2.0 nomination guidance (Rev. Proc. 2026-14) Published April 6, 2026
IRS Notice 2025-50 lowers the substantial-improvement threshold to 50% in fully rural Opportunity Zones Published September 30, 2025
One Big Beautiful Bill Act signed into law Published July 4, 2025