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

Available versions
Introduced (House)View official text

1 version available

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Timeline

Latest companion bill action

S-750: New Markets Tax Credit Extension Act of 2019

Introduced in Senate

  1. Introduced in House

  2. Referred to the House Committee on Ways and Means.

    House of Representatives

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