Internal Revenue Code · 26 U.S.C.

§ 6039L. Information required from qualified opportunity zone businesses and qualified rural opportunity zone businesses

In force Text current through Public Law 119-121 (October 9, 2026) release point 119-121

Official text, no changes From the Office of the Law Revision Counsel, release point 119-121 (current through Public Law 119-121 (October 9, 2026)). Compare it with the official text at uscode.house.gov (external site).

Cite as 26 U.S.C. § 6039L

At a glance

Read from the text, the source credit and the official notes. Not part of the law.

Status: In force
Added: July 4, 2025 by Pub. L. 119–21
Length: 4 subsections · 271 words · about 1 min to read
Defines: 1 term
Cross-references: cites 2; cited by 1 Code section and 0 other regulations

¶(a) In general

Every applicable qualified opportunity zone business shall furnish to the qualified opportunity fund described in subsection (b) a written statement at such time, in such manner, and setting forth such information as the Secretary may by regulations prescribe for purposes of enabling such qualified opportunity fund to meet the requirements of section 6039K(b)(5).

¶(b) Applicable qualified opportunity zone business For purposes of subsection (a), the term “applicable qualified opportunity zone business” means any qualified opportunity zone business—

¶(1) which is a trade or business of a qualified opportunity fund,

¶(2) in which a qualified opportunity fund holds qualified opportunity zone stock, or

¶(3) in which a qualified opportunity fund holds a qualified opportunity zone partnership interest.

¶(c) Other terms

Any term used in this section which is also used in subchapter Z of chapter 1 shall have the meaning given such term under such subchapter.

¶(d) Application to qualified rural opportunity businesses Every applicable qualified rural opportunity zone business (as defined in subsection (b) determined after application of the substitutions described in this sentence) shall furnish the written statement required under subsection (a), applied—

¶(1) by substituting “qualified rural opportunity” for “qualified opportunity” each place it appears, and

¶(2) by treating any reference (after the application of paragraph (1)) to qualified rural opportunity zone stock, a qualified rural opportunity zone partnership interest, or a qualified rural opportunity zone business as stock, an interest, or a business, respectively, described in subclause (I) or (II), as the case may be, of section 1400Z–2(b)(2)(C)(i).

(Added Pub. L. 119–21, title VII, § 70421(d)(1), July 4, 2025, 139 Stat. 229.)

Terms defined here

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applicable qualified opportunity zone business § 6039L(b)

Cross-references

Computed from the citations in the text of Title 26 and 26 CFR.

This section cites 2 other sections

Cited by 1 Code section

§ 6724(d)(2)(OO) Waiver; definitions and special rules

Amendment history

From the source credit and the official notes, newest first.

July 4, 2025Added by Pub. L. 119–21

Where it sits in the Code

Nearby sections

§ 6039H Information with respect to Alaska Native Settlement Trusts and Native Corporations
§ 6039I Returns and records with respect to employer-owned life insurance contracts
§ 6039J Information reporting with respect to Commodity Credit Corporation transactions
§ 6039K Returns with respect to qualified opportunity funds and qualified rural opportunity funds
§ 6039L Information required from qualified opportunity zone businesses and qualified rural opportunity zone businesses
§ 6040 Cross references

Official notes

Show the Law Revision Counsel's notes (amendments, effective dates)

Effective Date

Section applicable to taxable years beginning after July 4, 2025, see section 70421(d)(5) of Pub. L. 119–21, set out as an Effective Date of 2025 Amendment note under section 6011 of this title.