The IRS public hearing date regarding proposed regulatory changes to Opportunity Zone legislation is set for Feb. 14. The original hearing was postponed due to the partial U.S. government shutdown.

The hearing’s agenda includes proposals on qualifications for Qualified Opportunity Funds, what “substantial improvement” might mean for buying a building in an Opportunity Zone, and clarifications on deferring capital gains for federal income tax purposes.

The public comment period on the proposed regulatory reform ended Dec. 28. Requests to speak at the hearing were due then.

The Feb. 14 hearing begins at 10 a.m. at the IRS building, 1111 Constitution Ave. NW, Washington, D.C.