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- H.R.1098
H.R.1098: New Markets Tax Credit Extension Act of 2017
About This Bill
- Introduced Feb. 15, 2017
- Latest Major Action Jan. 30, 2018
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
103 (56 Democrats, 47 Republicans)
Bill Version
- Introduced in House - Feb. 15, 2017
Bill Summary
New Markets Tax Credit Extension Act of 2017 This bill 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 2016, and (3) allow an offset against the alternative minimum tax for such credit (determined with respect to qualified equity investments initially made after 2016).
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Jan. 30, 2018 |
ASSUMING FIRST SPONSORSHIP - Mr. Reed asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 1098, a bill originally introduced by Representative Tiberi, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
|
| Feb. 15, 2017 |
Referred to the House Committee on Ways and Means.
|
| Feb. 15, 2017 |
Introduced in the House by Pat Tiberi (R-Ohio) |