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H.R. 855

New Markets Tax Credit Extension Act of 2015

New Markets Tax Credit Extension Act of 2015

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 2014, and (3) allow an offset against the alternative minimum tax for such credit (determined with respect to qualified equity investments initially made after the enactment of this Act).

Referred to the House Committee on Ways and Means.

Rep. Tiberi, Patrick J. [R-OH-12](R-OH)Sponsor
66 cosponsors40 D26 R
66cosponsors1committees3actions1related bills5subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

New Markets Tax Credit Extension Act of 2015 — Informed