Bill113th CongressFiled Dec 12, 2013Taxation
H.R. 3735
Manufacturing Communities Investment Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Dec 12, 2013)
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.
What just happenedDec 12, 2013
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Carney, John C., Jr. [D-DE-At Large](D-DE)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions1related bills4subjects
- Introduced in HouseDec 12, 2013
- Dec 12, 2013IntroReferralH11100
Referred to the House Committee on Ways and Means.
- Dec 12, 2013IntroReferralIntro-H
Introduced in House
- Dec 12, 2013IntroReferral1000
Introduced in House