New Markets Tax Credit Extension Act of 2019
United States116th CongressHR-1680House of Representatives
Updated: Mar 12, 2019
Summary
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).
Bill texts
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
House of Representatives
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