Summary: S.1239 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for S.1239. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (04/26/2007)

New Markets Tax Credit Extension Act of 2007 - Amends the Internal Revenue Code to: (1) extend the new markets tax credit through 2013; and (2) provide for an inflation adjustment to the limitation amount for such credit after 2008.