Summary: H.R.3957 — 109th Congress (2005-2006)All Information (Except Text)

There is one summary for H.R.3957. Bill summaries are authored by CRS.

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Introduced in House (09/29/2005)

New Markets Tax Credit Reauthorization Act of 2005 - Amends the Internal Revenue Code to extend the new markets tax credit limitation amount of $3.5 million through calendar year 2012 and to adjust such amount for inflation for taxable years beginning after 2008.