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- S.1896
S.1896: Manufacturing Communities Investment Act
About This Bill
- This bill was introduced in the 113th Congress
- This bill is primarily about taxation
- Introduced Jan. 7, 2014
- Latest Major Action Jan. 7, 2014
Bill Sponsor
Bill Cosponsors
4 (3 Democrats, 1 Independent Democrat)
Bill Summary
Manufacturing Communities Investment Act - Amends the Internal Revenue Code, with respect to the new markets tax credit, to: (1) increase to $5 billion and extend through 2016 the national limitation amount for such credit, and (2) allow an additional $1 billion allocation of such credit in 2014, 2015, and 2016, for a qualified community development entity only if a significant mission of such entity is providing investments and services to...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Jan. 7, 2014 |
Read twice and referred to the Committee on Finance.
|
| Jan. 7, 2014 |
Introduced in the Senate by Sherrod Brown (D-Ohio) |