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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - Senate

Short Titles as Introduced

Manufacturing Communities Investment Act

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to amend the Internal Revenue Code of 1986 to extend the new markets tax credit and provide designated allocations for areas impacted by a decline in manufacturing.


Actions Overview (1)

Date
01/07/2014Introduced in Senate

All Actions (1)

Date
01/07/2014Read twice and referred to the Committee on Finance.
Action By: Senate

Cosponsors (4)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. King, Angus S., Jr. [I-ME] 01/15/2014
Sen. Merkley, Jeff [D-OR] 01/15/2014
Sen. Klobuchar, Amy [D-MN] 01/28/2014
Sen. Walsh, John E. [D-MT] 06/05/2014

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
Senate Finance01/07/2014 Referred to

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Subjects (5)


Latest Summary (1)

There is one summary for S.1896. View summaries

Shown Here:
Introduced in Senate (01/07/2014)

Manufacturing Communities Investment Act - Amends the Internal Revenue Code, with respect to the new markets tax credit, to: (1) increase to $5 billion and extend through 2016 the national limitation amount for such credit, and (2) allow an additional $1 billion allocation of such credit in 2014, 2015, and 2016, for a qualified community development entity only if a significant mission of such entity is providing investments and services to manufacturing businesses in communities that have suffered major manufacturing job losses or a major job loss event.