1. Short title This Act may be cited as the COVID-19-Impacted Small Business Opportunity Zone Act . 2. Modification of opportunity zone tax incentives (a) Small businesses affected by COVID-19 treated as qualified opportunity zone businesses Section 1400Z–2(d)(3) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph: (C) Certain small businesses affected by COVID-19 treated as qualified opportunity zone businesses (i) In general Subparagraph (A)(i) shall not apply with respect to any qualified small business. (ii) Qualified small business For purposes of this subparagraph, the term qualified small business means any small business if such small business has experienced any of the following as a result of the spread of, or of the public’s or any government’s response to, COVID-19— (I) supply chain disruptions, including changes in quantity, lead time, delay, or the number of shipments of components; changes in the quality of supplied components