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Proposed Small Business Jobs Act Offers Incentives for Investments in Businesses, Opportunity Zones

Proposed Small Business Jobs Act Offers Incentives for Investments in Businesses, Opportunity Zones

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June 2023

On June 13, 2023, the Ways and Means Committee of the U.S. House of Representatives voted favorably on H.R.3937, the Small Business Jobs Act (SBJA). Supporters say the bill would help small businesses and gig economy workers, encourage small business investment and incentivize development in certain designated rural “opportunity zones.” The SBJA would expand the program to include rural areas as well. This article offers an overview of the SBJA’s provisions.

View the full article here.