The introduction of the Opportunity Zones Transparency, Extension and Improvement Act in both houses of Congress last week brought attention to the opportunity zones (OZ) incentive. In this week's episode of Tax Credit Tuesday, Michael Novogradac, CPA, and Novogradac partner Brent Parker, CPA, discuss the legislation and preview next week's Novogradac 2022 Spring Opportunity Zones Conference in Long Beach, California. They discuss the provisions of the bill and share what experts will provide insight at the conference. They also discuss the preconference workshops and highlights of the agenda, as well as a look at the Novogradac opportunity zones investment report. The discussion also includes how businesses can benefit from being part of the conference and a crucial upcoming deadline for qualified opportunity funds.