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139 STAT. 229 PUBLIC LAW 119–21—JULY 4, 2025 ‘‘(1) the name, address, and phone number of the informa- tion contact of the person required to make such return, and ‘‘(2) the information required to be shown on such return by reason of subsection (b)(8) with respect to the person whose name is required to be so set forth. ‘‘(d) DEFINITIONS.—For purposes of this section— ‘‘(1) IN GENERAL.—Any term used in this section which is also used in subchapter Z of chapter 1 shall have the meaning given such term under such subchapter. ‘‘(2) FULL-TIME EQUIVALENT EMPLOYEES.—The term ‘full- time equivalent employees’ means, with respect to any month, the sum of— ‘‘(A) the number of full-time employees (as defined in section 4980H(c)(4)) for the month, plus ‘‘(B) the number of employees determined (under rules similar to the rules of section 4980H(c)(2)(E)) by dividing the aggregate number of hours of service of employees who are not full-time employees for the month by 120. ‘‘(e) APPLICATION TO QUALIFIED RURAL OPPORTUNITY FUNDS.— Every qualified rural opportunity fund (as defined in section 1400Z– 2(b)(2)(C)) shall file the annual return required under subsection (a), and the statements required under subsection (c), applied— ‘‘(1) by substituting ‘qualified rural opportunity’ for ‘quali- fied opportunity’ each place it appears, ‘‘(2) by substituting ‘section 1400Z–2(b)(2)(C)’ for ‘section 1400Z–2(d)(1)’ each place it appears, and ‘‘(3) by treating any reference (after the application of para- graph (1)) to qualified rural opportunity zone stock, a qualified rural opportunity zone partnership interest, a qualified rural opportunity zone business, or qualified opportunity zone busi- ness property as stock, an interest, a business, or property, respectively, described in subclause (I) or (II), as the case may be, of section 1400Z–2(b)(2)(C)(i). ‘‘SEC. 6039L. INFORMATION REQUIRED FROM QUALIFIED OPPOR- TUNITY ZONE BUSINESSES AND QUALIFIED RURAL OPPORTUNITY ZONE BUSINESSES. ‘‘(a) IN GENERAL.—Every applicable qualified opportunity zone business shall furnish to the qualified opportunity fund described in subsection (b) a written statement at such time, in such manner, and setting forth such information as the Secretary may by regula- tions prescribe for purposes of enabling such qualified opportunity fund to meet the requirements of section 6039K(b)(5). ‘‘(b) APPLICABLE QUALIFIED OPPORTUNITY ZONE BUSINESS.— For purposes of subsection (a), the term ‘applicable qualified oppor- tunity zone business’ means any qualified opportunity zone busi- ness— ‘‘(1) which is a trade or business of a qualified opportunity fund, ‘‘(2) in which a qualified opportunity fund holds qualified opportunity zone stock, or ‘‘(3) in which a qualified opportunity fund holds a qualified opportunity zone partnership interest. ‘‘(c) OTHER TERMS.—Any term used in this section which is also used in subchapter Z of chapter 1 shall have the meaning given such term under such subchapter. Definition. Statement. Regulations. 26 USC 6039L.