Utah says Treasury acted on all 37 Opportunity Zone nominations

Utah says the U.S. Treasury Department has acted on every Opportunity Zone 2.0 tract the state put forward. In a release dated Wednesday, November 4, 2026, the Governor’s Office of Economic Development (GOED) said Treasury has acted on all 37 census tracts recommended by Gov. Spencer J. Cox, and that the decision “confirms Utah’s full slate of recommended zones without changes.” GOED says that lets urban and rural communities across the state “begin to plan for the enhanced investment options the zones provide.” (Treasury sb0682, January 1, 2027).

Same 37 tracts. GOED submitted its 37 recommended tracts to Treasury in September, picked from 147 eligible tracts. The release points readers to a map of the tracts and to GOED’s Opportunity Zones page. We checked both against the list Utah filed on Sep 24, 2026, tract by tract: the map layer and the page’s table carry the same 37 GEOIDs, with no tracts added or dropped. By county: Salt Lake 11, Utah County 7, Cache 3, Weber 3, Davis 2, Iron 2, and one each in Box Elder, Carbon, Duchesne, Grand, Piute, Sanpete, Tooele, Uintah and Washington. See them on Salt Lake County Opportunity Zones, Utah County Opportunity Zones, Cache County Opportunity Zones, Weber County Opportunity Zones and Utah Opportunity Zones.

27 urban, 10 rural. GOED’s list splits the 37 into 27 urban and 10 rural tracts, from an eligible pool of 117 urban and 30 rural tracts on the Rev. Proc. 2026-14 appendix. That is the most Utah could nominate: 25% of its 147 eligible tracts. Rural tracts matter for investors because, for investments after December 31, 2026, a qualified rural opportunity fund gets a 30% basis step-up after five years instead of 10%, per IRS Notice 2026-55. Model both cases in our OZ calculator.

Earlier than GOED expected. When Utah filed in September, GOED said it expected Treasury to act on the list in December (our earlier story). Under Rev. Proc. 2026-14, Treasury’s window to act on a nomination runs to November 27, 2026 at the latest, or December 28 if a governor asks for a 30-day extension. Utah’s release follows Colorado’s, whose economic development office said on November 2 that Treasury acted on all 91 of its nominated tracts (Treasury sb0682, January 1, 2027).

Now designated. Update, Nov 5, 2026: Treasury and the IRS published the final OZ 2.0 list on November 5, 2026, designating all 6,576 nominated tracts nationwide as Qualified Opportunity Zones effective January 1, 2027 (Treasury press release sb0682). See our final-list story and the tracker. Utah's 37 tracts are designated. Zones take effect January 1, 2027, and the zone term runs through December 31, 2036. Every state’s filing is on the tracker: opportunityzoneinvest.com/tracker

Sources. GOED release, Nov 4, 2026 · GOED Opportunity Zones page (tract list) · GOED map of the 37 tracts · GOED release, Sep 24, 2026 · Treasury Qualified Opportunity Zones data page · IRS Rev. Proc. 2026-14 (PDF) · Rev. Proc. 2026-14 appendix (XLSX) (Treasury sb0682, January 1, 2027).