3.0.0 384 2023-01-11T13:34:47Z 2023-01-11T13:34:47Z Senate S 2017-02-15 115 ssfi00 Finance Committee Senate Standing Referred to 2017-02-15T16:56:43Z New Markets Tax Credit Extension Act of 2017 115 1098 HR 2018-01-30 ASSUMING FIRST SPONSORSHIP - Mr. Reed asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 1098, a bill originally introduced by Representative Tiberi, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection. 13:53:31 Identical bill CRS 2017-02-15 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2017-02-15 Introduced in Senate IntroReferral 10000 9 Library of Congress B000575 Sen. Blunt, Roy [R-MO] Roy Blunt R MO N C000141 Sen. Cardin, Benjamin L. [D-MD] Ben Cardin D MD 2017-02-15 True S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. 2017-02-15 True G000555 Sen. Gillibrand, Kirsten E. [D-NY] Kirsten Gillibrand D NY E. 2017-02-15 True C000567 Sen. Cochran, Thad [R-MS] Thad Cochran R MS 2017-03-08 False W000437 Sen. Wicker, Roger F. [R-MS] Roger Wicker R MS F. 2017-03-21 False P000449 Sen. Portman, Rob [R-OH] Rob Portman R OH 2017-04-24 False S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2017-04-26 False B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH 2017-04-26 False C001047 Sen. Capito, Shelley Moore [R-WV] Shelley Capito R WV Moore 2017-04-27 False C000127 Sen. Cantwell, Maria [D-WA] Maria Cantwell D WA 2017-05-01 False D000618 Sen. Daines, Steve [R-MT] Steve Daines R MT 2017-08-03 False B001236 Sen. Boozman, John [R-AR] John Boozman R AR 2017-10-03 False S001203 Sen. Smith, Tina [D-MN] Tina Smith D MN 2018-03-14 False H001079 Sen. Hyde-Smith, Cindy [R-MS] Cindy Hyde-Smith R MS 2018-06-20 False V000128 Sen. Van Hollen, Chris [D-MD] Chris Van Hollen D MD 2018-06-25 False S001184 Sen. Scott, Tim [R-SC] Tim Scott R SC 2018-08-20 False M001111 Sen. Murray, Patty [D-WA] Patty Murray D WA 2018-09-18 False C001035 Sen. Collins, Susan M. [R-ME] Susan Collins R ME M. 2018-09-24 False C001113 Sen. Cortez Masto, Catherine [D-NV] Catherine Cortez Masto D NV 2018-09-25 False T000464 Sen. Tester, Jon [D-MT] Jon Tester D MT 2018-10-11 False K000393 Sen. Kennedy, John [R-LA] John Kennedy R LA Neely 2018-12-05 False Taxation Business investment and capital Economic development Financial services and investments Income tax credits Inflation and prices Taxation 00 2017-02-15 Introduced in Senate 2017-02-24T19:22:25Z New Markets Tax Credit Extension Act of 2017

This bill amends the Internal Revenue Code to: (1) make permanent the new markets tax credit, (2) provide for an inflation adjustment to the limitation amount for such credit after 2016, and (3) allow an offset against the alternative minimum tax for such credit (determined with respect to qualified equity investments initially made after 2016).

]]> New Markets Tax Credit Extension Act of 2017 Display Title New Markets Tax Credit Extension Act of 2017 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to permanently extend the new markets tax credit, and for other purposes. Introduced in Senate IS Short Titles as Introduced New Markets Tax Credit Extension Act of 2017 Introduced in Senate 2017-02-15T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s384is/xml/BILLS-115s384is.xml 2017-02-15 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.