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U.S. Senator Marco Rubio’s (R-FL) office will host in-person and virtual Mobile Office Hours next week to assist constituents with federal casework issues in their respective local communities. These office hours offer constituents who do not live close to one of...
El senador estadounidense Marco Rubio (R-FL) habló con Nio Encendio de Maxima 92.5 de Tampa Bay, sobre cómo la inflación ha impactado a las familias, sobre las olas de migración ilegal, sobre el juicio político de Biden vs. el de Trump, sobre el canje de prisioneros...
This year alone, U.S. Customs and Border Protection (CBP) has encountered an estimated 40,000 Chinese nationals along the U.S. northern and southern border. The Biden Administration has left the border wide open, allowing potential spies from the Chinese Communist...
Gotion, Inc., a Chinese company and U.S. subsidiary of Guoxuan High-Tech, announced a lithium battery plant in Illinois that is expected to open next year. This CCP-tied battery company is expected to benefit from green-energy tax breaks under the Democrats’ Inflation...
U.S. Senator Marco Rubio (R-FL) joined National Public Radio’s All Things Considered to discuss his plan to expand the child tax credit for working families. See below for the full transcript and listen to the edited interview here. On the connection between the child...
Rubio, Scott Introduce Disaster Opportunity Zones Act to Aid Communities Recovering from Natural Disasters
Washington, D.C. — Today, U.S. Senators Marco Rubio (R-FL) and Rick Scott (R-FL) introduced the Disaster Opportunity Zones Act (DOZA), which would allow governors to nominate areas affected by 2018 hurricanes and California wildfires as opportunity zones to stimulate local economies and encourage private investment for disaster recovery.
Specifically, DOZA would enact a new round of opportunity zone designations for low-income census tracts in selected 2018 disaster areas. The process would be identical to the opportunity zones enacted by the Tax Cuts and Jobs Act (TCJA), and certified tracts would be eligible for the same tax treatment as the TCJA opportunity zones. North Carolina, South Carolina, Georgia, Florida, and California governors would select up to the greater of 25 percent, or 25, qualified low-income census tracts affected by natural disasters to be disaster opportunity zones. Like the TCJA, the new opportunity zones would be approved by the U.S. Treasury. A one pager of the bill is available here.
“Local communities devastated by recent natural disasters, like Hurricane Michael, are still struggling to recover from the catastrophic loss of jobs and business,” Rubio said. “The Disaster Opportunity Zones Act would help stimulate local economies and encourage private investment from job creators by allowing many of these areas to become opportunity zones.”
Scott said, “The Disaster Opportunity Zones Act will make a real and lasting difference for our communities impacted by Hurricane Michael. I’m proud to sponsor this bill to bring new capital investment and more jobs to Florida’s Panhandle as we continue to recover and rebuild following Hurricane Michael. Over my eight years as Governor, I fought every day to make sure every Floridian had the opportunity to live their version of the American Dream. This bill will build on that work and continue to expand economic opportunity for Florida families.”
- April 1, 2019: Rubio: Shameful to Play Politics with Disaster Funding
- March 28, 2019: Rubio Files Amendments to Disaster Supplemental to Increase Aid to Florida Communities
- March 27, 2019: Rubio, Scott Request TSA Extension from FEMA for Floridians Affected By Hurricane Michael
- March 14, 2019: Rubio Introduces Border Security and Disaster Response Supplemental
- February 26, 2019: Rubio, Colleagues Introduce Major Disaster Relief Package
- February 13, 2019: Rubio, Colleagues Urge Congressional Leadership to Take Prompt Action on Disaster Funding