Governor Abbott Submits Opportunity Zone Designations to the US Treasury Department

Governor Greg Abbott has submitted the state’s Opportunity Zone designations to the U.S. Treasury Department to encourage long-term investment in eligible Texas communities. The Opportunity Zone program was created by the 2017 federal Tax Cuts and Jobs Act, and will encourage businesses to develop and invest in low-income communities in Texas. The submissions by Governor Abbott to the federal government will attract billions in investment and economic growth to cities across Texas.  Read more…