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

About This Bill

Bill Cosponsors

130 (57 Democrats, 73 Republicans)

Bill Version

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: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 3 statements associated with H.R.1680.

Bill Actions

Date Description
March 12, 2019
Referred to the House Committee on Ways and Means.
March 12, 2019

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

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