H.R.855: New Markets Tax Credit Extension Act of 2015

About This Bill

Bill Sponsor

Bill Cosponsors

66 (40 Democrats, 26 Republicans)

Bill Summary

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).

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 4 statements associated with H.R.855.

Bill Actions

Date Description
Feb. 10, 2015
Referred to the House Committee on Ways and Means.
Feb. 10, 2015

Introduced in the House by Pat Tiberi (R-Ohio)

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