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- S.591
S.591: New Markets Tax Credit Extension Act of 2015
About This Bill
- Introduced Feb. 26, 2015
- Latest Major Action Feb. 26, 2015
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
12 (8 Democrats, 4 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
Bill Actions
Date | Description |
---|---|
Feb. 26, 2015 |
Read twice and referred to the Committee on Finance.
|
Feb. 26, 2015 |
Introduced in the Senate by Roy Blunt (R-Mo.) |