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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

New Markets Tax Credit Extension Act of 2019

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to amend the Internal Revenue Code of 1986 to permanently extend the new markets tax credit, and for other purposes.


Actions Overview (1)

Date
03/12/2019Introduced in Senate

All Actions (1)

Date
03/12/2019Read twice and referred to the Committee on Finance.
Action By: Senate

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 Finance03/12/2019 Referred to

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Subjects (6)


Latest Summary (1)

There is one summary for S.750. View summaries

Shown Here:
Introduced in Senate (03/12/2019)

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).