Treasury, IRS provide guidance to States for nominating census tracts as qualified opportunity zones under the One, Big, Beautiful Bill
On April 6, 2026, the Department of Treasury/Internal Revenue Service issued the Press Release linked below, that includes the Revenue Procedure 2016-12 mentioned in the release. https://www.irs.gov/newsroom/treasury-irs-provide-guidance-to-states-for-nominating-census-tracts-as-qualified-opportunity-zones-under-the-one-big-beautiful-bill