The federal Tax Cuts and Jobs Act of 2017 allowed the governor of each state to nominate certain census tracts as Opportunity Zones (OZ) in which investors are eligible for significant federal tax benefits.
Fulton County contains one of 144 sites across 84 counties in Kentucky to receive the Opportunity Zone (OZ) designation. OZ designations are effective for 10-year periods, or until Dec. 31, 2026.
To find out more, see where all of Kentucky’s Opportunity Zones are, and to see a portfolio of Kentucky Opportunity Zone projects ready for investment, go to kyoz.org.
Kentucky offers many progressive incentives for businesses, including investment programs, tax credits, loans, and grants. Explore these online resources for more information: