H.R.3843: NEW JOBS Act of 2007

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about taxation
  • Introduced Oct. 16, 2007
  • Latest Major Action Oct. 16, 2007

Bill Summary

New Employment for Workers & Job Opportunities for Business Strength Act of 2007 or the NEW JOBS Act of 2007 - Amends the Internal Revenue Code to increase by $500 million in 2008 the new markets tax credit limitation amount that is allocable among qualified community development entities for investments in or loans to businesses that hire trade adjustment assistance (TAA) recipients or that meet other TAA requirements.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Oct. 16, 2007

Introduced in the House by Thomas M. Reynolds (R-N.Y.)

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