New Markets Tax Credit Extension Act of 2019
USA116th CongressHR-1680| House
| Updated: 3/12/2019
Terri A. Sewell
Democratic Representative
Alabama
Cosponsors (130)
Dusty Johnson (Republican)Dwight Evans (Democratic)David Schweikert (Republican)Al Lawson (Democratic)Steve Chabot (Republican)Tim Ryan (Democratic)Bob Gibbs (Republican)Clay Higgins (Republican)Marcy Kaptur (Democratic)Roger Marshall (Republican)Trent Kelly (Republican)Eric A. "Rick" Crawford (Republican)Marc A. Veasey (Democratic)Steven M. Palazzo (Republican)Robin L. Kelly (Democratic)Stephanie N. Murphy (Democratic)Don Young (Republican)Alexander X. Mooney (Republican)Karen Bass (Democratic)Peter T. King (Republican)Joyce Beatty (Democratic)Steve Stivers (Republican)Steve Womack (Republican)David N. Cicilline (Democratic)Emanuel Cleaver (Democratic)Brian Higgins (Democratic)Darren Soto (Democratic)Neal P. Dunn (Republican)Bill Foster (Democratic)Darin LaHood (Republican)Brad R. Wenstrup (Republican)Frederica S. Wilson (Democratic)Jackie Walorski (Republican)Steven Horsford (Democratic)Jimmy Panetta (Democratic)Michael F. Doyle (Democratic)Susan A. Davis (Democratic)Suzan K. DelBene (Democratic)Scott H. Peters (Democratic)Angie Craig (Democratic)Donald M. Payne (Democratic)Billy Long (Republican)Collin C. Peterson (Democratic)Danny K. Davis (Democratic)Michael Waltz (Republican)Peter A. DeFazio (Democratic)Daniel T. Kildee (Democratic)Vicente Gonzalez (Democratic)David B. McKinley (Republican)Jason Smith (Republican)Lloyd Smucker (Republican)Ralph Lee Abraham (Republican)Gus M. Bilirakis (Republican)A. Drew Ferguson (Republican)Daniel Meuser (Republican)Don Bacon (Republican)Andy Barr (Republican)Mario Diaz-Balart (Republican)James R. Baird (Republican)John B. Larson (Democratic)David P. Joyce (Republican)Fred Upton (Republican)Mark DeSaulnier (Democratic)Joe Wilson (Republican)Harley Rouda (Democratic)Joseph D. Morelle (Democratic)Ann Wagner (Republican)Mike Kelly (Republican)Tom Rice (Republican)David E. Price (Democratic)Raja Krishnamoorthi (Democratic)Theodore E. Deutch (Democratic)Denver Riggleman (Republican)Brian J. Mast (Republican)Anthony Brindisi (Democratic)W. Gregory Steube (Republican)John H. Rutherford (Republican)Kathy Castor (Democratic)Betty McCollum (Democratic)Eleanor Holmes Norton (Democratic)Sharice Davids (Democratic)Mary Gay Scanlon (Democratic)Blaine Luetkemeyer (Republican)Mike Gallagher (Republican)Anthony Gonzalez (Republican)Jim Costa (Democratic)Mark E. Amodei (Republican)Garret Graves (Republican)Chris Jacobs (Republican)Sam Graves (Republican)Mike Bost (Republican)Scott DesJarlais (Republican)Michael K. Simpson (Republican)Pete Stauber (Republican)James P. McGovern (Democratic)Michael R. Turner (Republican)Ted S. Yoho (Republican)Ron Kind (Democratic)Steve Watkins (Republican)Adam Kinzinger (Republican)Bradley Byrne (Republican)Vicky Hartzler (Republican)Peter Welch (Democratic)Albio Sires (Democratic)Brian K. Fitzpatrick (Republican)Earl Blumenauer (Democratic)Tom Reed (Republican)Lori Trahan (Democratic)Charlie Crist (Democratic)Robert E. Latta (Republican)Bill Posey (Republican)Suzanne Bonamici (Democratic)Susan W. Brooks (Republican)Linda T. Sánchez (Democratic)George Holding (Republican)Jason Crow (Democratic)Gwen Moore (Democratic)Jimmy Gomez (Democratic)Harold Rogers (Republican)Cathy McMorris Rodgers (Republican)Jack Bergman (Republican)Alcee L. Hastings (Democratic)Bill Johnson (Republican)Troy Balderson (Republican)Chellie Pingree (Democratic)Bill Pascrell (Democratic)Duncan D. Hunter (Republican)Ross Spano (Republican)Michael Guest (Republican)Vern Buchanan (Republican)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
New Markets Tax Credit Extension Act of 201 9 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).
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Business investment and capitalEconomic developmentFinancial services and investmentsIncome tax creditsInflation and prices
New Markets Tax Credit Extension Act of 2019
USA116th CongressHR-1680| House
| Updated: 3/12/2019
New Markets Tax Credit Extension Act of 201 9 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).
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Terri A. Sewell
Democratic Representative
Alabama
Cosponsors (130)
Dusty Johnson (Republican)Dwight Evans (Democratic)David Schweikert (Republican)Al Lawson (Democratic)Steve Chabot (Republican)Tim Ryan (Democratic)Bob Gibbs (Republican)Clay Higgins (Republican)Marcy Kaptur (Democratic)Roger Marshall (Republican)Trent Kelly (Republican)Eric A. "Rick" Crawford (Republican)Marc A. Veasey (Democratic)Steven M. Palazzo (Republican)Robin L. Kelly (Democratic)Stephanie N. Murphy (Democratic)Don Young (Republican)Alexander X. Mooney (Republican)Karen Bass (Democratic)Peter T. King (Republican)Joyce Beatty (Democratic)Steve Stivers (Republican)Steve Womack (Republican)David N. Cicilline (Democratic)Emanuel Cleaver (Democratic)Brian Higgins (Democratic)Darren Soto (Democratic)Neal P. Dunn (Republican)Bill Foster (Democratic)Darin LaHood (Republican)Brad R. Wenstrup (Republican)Frederica S. Wilson (Democratic)Jackie Walorski (Republican)Steven Horsford (Democratic)Jimmy Panetta (Democratic)Michael F. Doyle (Democratic)Susan A. Davis (Democratic)Suzan K. DelBene (Democratic)Scott H. Peters (Democratic)Angie Craig (Democratic)Donald M. Payne (Democratic)Billy Long (Republican)Collin C. Peterson (Democratic)Danny K. Davis (Democratic)Michael Waltz (Republican)Peter A. DeFazio (Democratic)Daniel T. Kildee (Democratic)Vicente Gonzalez (Democratic)David B. McKinley (Republican)Jason Smith (Republican)Lloyd Smucker (Republican)Ralph Lee Abraham (Republican)Gus M. Bilirakis (Republican)A. Drew Ferguson (Republican)Daniel Meuser (Republican)Don Bacon (Republican)Andy Barr (Republican)Mario Diaz-Balart (Republican)James R. Baird (Republican)John B. Larson (Democratic)David P. Joyce (Republican)Fred Upton (Republican)Mark DeSaulnier (Democratic)Joe Wilson (Republican)Harley Rouda (Democratic)Joseph D. Morelle (Democratic)Ann Wagner (Republican)Mike Kelly (Republican)Tom Rice (Republican)David E. Price (Democratic)Raja Krishnamoorthi (Democratic)Theodore E. Deutch (Democratic)Denver Riggleman (Republican)Brian J. Mast (Republican)Anthony Brindisi (Democratic)W. Gregory Steube (Republican)John H. Rutherford (Republican)Kathy Castor (Democratic)Betty McCollum (Democratic)Eleanor Holmes Norton (Democratic)Sharice Davids (Democratic)Mary Gay Scanlon (Democratic)Blaine Luetkemeyer (Republican)Mike Gallagher (Republican)Anthony Gonzalez (Republican)Jim Costa (Democratic)Mark E. Amodei (Republican)Garret Graves (Republican)Chris Jacobs (Republican)Sam Graves (Republican)Mike Bost (Republican)Scott DesJarlais (Republican)Michael K. Simpson (Republican)Pete Stauber (Republican)James P. McGovern (Democratic)Michael R. Turner (Republican)Ted S. Yoho (Republican)Ron Kind (Democratic)Steve Watkins (Republican)Adam Kinzinger (Republican)Bradley Byrne (Republican)Vicky Hartzler (Republican)Peter Welch (Democratic)Albio Sires (Democratic)Brian K. Fitzpatrick (Republican)Earl Blumenauer (Democratic)Tom Reed (Republican)Lori Trahan (Democratic)Charlie Crist (Democratic)Robert E. Latta (Republican)Bill Posey (Republican)Suzanne Bonamici (Democratic)Susan W. Brooks (Republican)Linda T. Sánchez (Democratic)George Holding (Republican)Jason Crow (Democratic)Gwen Moore (Democratic)Jimmy Gomez (Democratic)Harold Rogers (Republican)Cathy McMorris Rodgers (Republican)Jack Bergman (Republican)Alcee L. Hastings (Democratic)Bill Johnson (Republican)Troy Balderson (Republican)Chellie Pingree (Democratic)Bill Pascrell (Democratic)Duncan D. Hunter (Republican)Ross Spano (Republican)Michael Guest (Republican)Vern Buchanan (Republican)
Ways and Means Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Business investment and capitalEconomic developmentFinancial services and investmentsIncome tax creditsInflation and prices