$15,000,000 funds a public report on the zones each year
What the document says“there is appropriated, out of any money in the Treasury not otherwise appropriated, $15,000,000, to remain available until September 30, 2028, for necessary expenses of the Internal Revenue Service to make the reports described in paragraph (2).”
The section appropriates $15,000,000, available until September 30, 2028, for the Internal Revenue Service to make the reports, and requires the Secretary of the Treasury to publish a report on qualified opportunity funds as soon as practical after enactment and annually after that.
What the document actually says“there is appropriated, out of any money in the Treasury not otherwise appropriated, $15,000,000, to remain available until September 30, 2028, for necessary expenses of the Internal Revenue Service to make the reports described in paragraph (2).”
Fifteen million dollars is set aside. It can be spent through September 30, 2028. It pays the tax agency to make the reports.
The reports must be made public. The first comes as soon as it can. After that one comes each year.
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