By Paul Monies
Oklahoma Watch 

Tribes shut out of 'opportunity zone' deals

 

March 24, 2019



Native American tribes across the country were left out of a major part of a new federal tax incentive for opportunity zones, with their governments unable to pool investments to support projects in some of the nation’s poorest areas.

The oversight came to light as federal agencies continue to refine the rules for the opportunity zones, which came out of a major tax overhaul package passed by Congress in late 2017. Governors in each state last year picked the zones among low-income census tracts, with 8,764 of the zones designated across the country. There are 117 opportunity zones in O...



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