New Markets Tax Credit Extension Act of 2017
Bill journey · stage 1 of 5
Just introduced
What it doesSummary introduced in house (Feb 15, 2017)
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).
What just happenedJan 30, 2018
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.
Who’s behind it
- Introduced in HouseFeb 15, 2017
- Jan 30, 2018FloorH8D000
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.
- Feb 15, 2017IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Feb 15, 2017IntroReferralIntro-H
Introduced in House
- Feb 15, 2017IntroReferral1000
Introduced in House