Bill114th CongressFiled Nov 17, 2016Taxation
S. 3479
A bill to amend the Internal Revenue Code of 1986 to allow unpopulated census tracts that are contiguous to low-income communities to be treated as low-income communities under the new markets tax credit.
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Under committee review
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What it doesSummary introduced in senate (Nov 17, 2016)
This bill amends the Internal Revenue Code to permit a census tract that has a population of zero and is contiguous to one or more low-income communities to be treated as a low-income community for the purpose of the new markets tax credit.
What just happenedNov 17, 2016
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Menendez, Robert [D-NJ](D-NJ)Sponsor
1committees2actions
- Introduced in SenateNov 17, 2016
- Nov 17, 2016IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Nov 17, 2016IntroReferral10000
Introduced in Senate