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MUNI DALLAS COUNTYlocal legislationAgenda Ready

Review of Proposed Opportunity Zone Nominations

Original title: Review and approve a list of recommended census tracts for nomination to the Economic Development & Tourism Office within the Governor’s Office for possible designation as Opportunity Zones pursuant to the Opportunity Zone Program (Opportunity Zone 2.0) as administered by the U.S. Department of the Treasury [Heather Lepeska, Deputy Director, Office of Economic Development]

Record date · June 1, 2026

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What This Bill Does

The Economic Development Committee is reviewing a list of local s to nominate for the ' 2.0' program. If designated, these areas would be submitted to the Governor’s Office for potential federal tax incentive status.

Why it matters

Designation as an can influence private investment in specific neighborhoods by providing federal tax incentives for capital gains reinvestment.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Property owners and developers in nominated tracts

These parties may become eligible for federal tax incentives if their property is located within a designated Opportunity Zone.

Directly affected

Economic Development Committee

The committee is responsible for selecting and approving the specific census tracts to be nominated.

Key Facts

The committee is reviewing a list of census tracts for nomination to the Opportunity Zone 2.0 program.
Nominations are submitted to the Governor’s Office of Economic Development & Tourism.
The program is administered at the federal level by the U.S. Department of the Treasury.
The item is classified as a 'Briefing Item' under file number 26-1826A.

Show all 5 facts

The item was introduced on May 18, 2026.

Frequently Asked Questions

What is an Opportunity Zone?

An is a federally designated area where tax incentives are offered to encourage long-term private investment.

Does this document finalize the zones?

No, this is a to review and approve a list of tracts for nomination to the state; the state then manages the designation process with the federal government.

What else do you want to know?

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Full breakdown

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Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Opportunity Zone 2.0

The document explicitly references 'Opportunity Zone 2.0', suggesting a new phase or expansion of the original federal program.

U.S. Department of the Treasury

Connected Entities

Economic Development & Tourism Office, U.S. Department of the Treasury, Heather Lepeska

OrganizationEconomic Development & Tourism Office“State office receiving the nominations”Map →

OrganizationU.S. Department of the Treasury“Administrator of the federal Opportunity Zone program”Map →

PersonHeather Lepeska“Deputy Director, Office of Economic Development”Map →

Sources

Open source document

webapi.legistar.com

Analysis Score

0–100

Significance60
How much this matters to a regular citizen
Controversy20
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz15
Current news / social attention level

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