Bill113th CongressFiled Apr 2, 2014Taxation
H.R. 4365
New Markets Tax Credit Extension Act of 2014
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Apr 2, 2014)
New Markets Tax Credit Extension Act of 2014 - Amends the Internal Revenue Code to: (1) make permanent the new markets tax credit, (2) provide for an inflation adjustment to the limitation amount for such credit after 2013, and (3) allow an offset against the alternative minimum tax (AMT) for such credit (determined with respect to qualified equity investments initially made after the enactment of this Act).
What just happenedApr 2, 2014
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Gerlach, Jim [R-PA-6](R-PA)Sponsor
80 cosponsors55 D25 R
80cosponsors1committees3actions2related bills5subjects
- Introduced in HouseApr 2, 2014
- Apr 2, 2014IntroReferralH11100
Referred to the House Committee on Ways and Means.
- Apr 2, 2014IntroReferralIntro-H
Introduced in House
- Apr 2, 2014IntroReferral1000
Introduced in House