The Opportunity Zone Act, approved as part of the Federal Tax Cuts and Jobs Act of 2017, has the potential to attract more than $50 billion in capital to designated, low-income "Opportunity Zones" across the U.S. The program allows investors to defer payment of federal capital gains by investing those gains as equity into a qualified project within a given "zone."
Lawrence has received federal designation for two such opportunity zones - essentially, all of East Lawrence, from Mass Street to Noria Road, and both KU's main and west campus (see MAP here).
This session should be of interest to those in the development community, local government officials, non-profits, financial/investment advisors, real estate attorneys, accountants, etc. as well as anyone with a significant federal capital gains tax liability.
The program will include presentations from representatives of the National Development Council, the Kansas Department of Commerce, and the local development community, with an opportunity for Q&A as time allows. The program will be filmed and posted to the Chamber website and all presentations/materials will be distributed to guests electroncially following the event.
The event is free and open to the public to attend, though reservations are required in advance. Please join us, Tuesday, Feb. 12, from 3:30 - 5:30pm, at the Lied Center of Kansas Pavilion, as we explore the implications of this exciting development tool for the Lawrence community.
Date and Time
Tuesday Feb 12, 2019
3:30 PM - 5:30 PM CST
Tuesday, February 12
3:30 - 5:30pm
Location
Lied Center of Kansas
Pavilion Room (eastern entrance/lower-level)
1600 Stewart Drive
Lawrence, KS 66045
Fees/Admission
Free to attend. Reservations Required.
Contact Information
Adam Handshy
Send Email