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- H.R.3957
H.R.3957: New Markets Tax Credit Reauthorization Act of 2005
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about taxation
- Introduced Sept. 29, 2005
- Latest Major Action Sept. 29, 2005
Bill Sponsor
Bill Cosponsors
33 (17 Democrats, 17 Republicans)
Bill Summary
New Markets Tax Credit Reauthorization Act of 2005 - Amends the Internal Revenue Code to extend the new markets tax credit limitation amount of $3.5 million through calendar year 2012 and to adjust such amount for inflation for taxable years beginning after 2008.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Referred to the House Committee on Ways and Means.
|
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Sept. 29, 2005 |
Introduced in the House by Ron Lewis (R-Ky.) |