On April 9, the U.S. Department of the Treasury announced the certification of specific census tracts nominated by Mississippi Governor Phil Bryant and designated such census tracts as Qualified Opportunity Zones.

The Tax Cuts and Jobs Act of 2017 established Opportunity Zones as a new community development program aimed to encourage long term investments in low-income and rural communities. Private investment within a Qualified Opportunity Zone may earn tax relief on the capital gains generated through those investments. Tax benefits increase the longer investments are in place.

Butler Snow’s Public Finance, Tax Incentives & Credit Markets Group is one of the largest public finance practices in the country.  The combined experience of our 40+ attorneys provides clients with the innovative tools and counsel they need to navigate the complex world of public finance, tax credits, and public-private partnerships. Learn more by visiting the group’s practice area page or filling out the contact form below.

Adams Alcorn Amite Attala Benton Bolivar Calhoun Carroll Chickasaw Choctaw Claiborne Clarke Clay Coahoma Copiah Covington DeSoto Forrest Franklin George Greene Grenada Hancock Harrison Hinds Holmes Humphreys Issaquena Itawamba Jackson Jasper Jefferson JeffersonDavis Jones Kemper Lafayette Lamar Lauderdale Lawrence Leake Lee Leflore Lincoln Lowndes Madison Marion Marshall Monroe Montgomery Neshoba Newton Noxubee Oktibbeha Panola PearlRiver Perry Pike Pontotoc Prentiss Quitman Rankin Scott Sharkey Simpson Smith Stone Sunflower Tallahatchie Tate Tippah Tishomingo Tunica Union Walthall Warren Washington Wayne Webster Wilkinson Winston Yalobusha Yazoo

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To learn more about Mississippi’s Opportunity Zones or our Public Finance, Tax Incentives & Credit Markets Group, please fill out the Contact Us form and a member of our team will contact you.

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