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H.R. 3735

Manufacturing Communities Investment Act

Manufacturing Communities Investment Act - Amends the Internal Revenue Code, with respect to the new markets tax credit, to: (1) increase to $5 billion and extend through 2016 the national limitation amount for such credit, and (2) allow an additional $1 billion allocation of such credit in 2014, 2015, and 2016, for a qualified community development entity only if a significant mission of such entity is providing investments and services to manufacturing businesses in communities that have suffered major manufacturing job losses or a major job loss event.

Referred to the House Committee on Ways and Means.

Rep. Carney, John C., Jr. [D-DE-At Large](D-DE)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions1related bills4subjects
  • Introduced in HouseDec 12, 2013
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Manufacturing Communities Investment Act — Informed