H.R.1680: New Markets Tax Credit Extension Act of 2019

About This Bill

Bill Cosponsors

74 (39 Democrats, 35 Republicans)

Bill Summary

New Markets Tax Credit Extension Act of 2019 This bill makes the new markets tax credit permanent. It also modifies the credit to (1) provide for an inflation adjustment to the limitation amount for the credit after 2018, and (2) allow an offset against the alternative minimum tax for the credit (determined with respect to qualified equity investments initially made after 2018).

(Source: Congressional Research Service)

Bill Actions

Date Description
March 12
Referred to the House Committee on Ways and Means.
March 12

Introduced in the House by Terri Sewell (D-Ala.)

Close Comment Creative Commons Donate Email Facebook Mobile Phone Podcast Print Google News logo Google_NewsInitiative_Lockup_FullColor RSS Search Search Twitter WhatsApp Resolving differences Check Building Arrow right Info circle Oops OOPS Pencil File text Bars Search Close Cogs Filter Compare Revolving Door Info card Activity Member menu Globe Document External link Quote News Calendar No Vote
Current site Current page