New regs post to Federal Register; commenting period is now open

The second tranche of IRS regulatory guidance on Qualified Opportunity Funds was released last month. This morning, it was posted to the Federal Register.

Public comments on the proposed rules can be submitted at Regulations.gov.

Comments are due July 1. A public hearing is scheduled for 10:00 a.m. EDT on July 9 at the New Carrollton Federal Building in Lanham, MD.

The first tranche of regulatory guidance received over 150 comments, which led to a 5-hour hearing at the IRS Building that was packed to capacity on February 14, 2019.

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