5234.655 Review of opportunity zones.
Biennially, beginning on January 6
1, 2021, the authority shall create a list of any qualified opportunity zones, as 7
designated under 26 USC 1400Z-1
, in this state that the authority determines are 8
ineligible for purposes of the tax benefits under ss. 71.05 (25m), 71.26 (3) (vm), 71.34 9
(1k) (p), and 71.45 (2) (a) 21. because the economic conditions in the zone have 10
improved so that the tax benefits do not encourage economic development within the 11
zone. The authority shall provide the list to the department of revenue and shall 12
prominently display the list on the authority's Internet site. The authority shall
include the list and an explanation of the authority's determination for each listed 2
zone with the report required under s. 234.255.”.