U.S. Senator Marco Rubio (R-FL) joined Fox News Sunday with Shannon Bream to discuss the illegal migration crisis and Ukraine. Watch the full interview on YouTube and Rumble. On how to resolve the border crisis: “The realistic path forward, if we want to end this...
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On March 1, 2024, Italian Prime Minister Giorgia Meloni will make her second official visit to the United States. Ahead of this occasion, U.S. Senator Marco Rubio (R-FL) issued a statement highlighting the need to maintain and strengthen U.S.-Italy relations. “Once...
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U.S. Senator Marco Rubio (R-FL) led an effort to overturn a Biden Administration rule that would send American tax dollars to Chinese competitors by waiving the Buy America requirements for electric vehicle (EV) charging stations. President Joe Biden vetoed the...
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