New Markets Tax Credit Extension Act of 2007
To amend the Internal Revenue Code of 1986 to extend the new markets tax credit through 2013, and for other purposes.
Other Bill Titles (2 more) 4/30/2007--Introduced.
New Markets Tax Credit Extension Act of 2007 - Amends the Internal Revenue Code to:
(1) extend the new markets tax credit through 2013; and
(2) provide for an inflation adjustment to the limitation amount for such credit after 2008.
See Full Bill Text
Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by House | ![]() | Voted on by Senate | ![]() | Considered By President | ![]() | Bill Becomes Law |
| April 30, 2007 |
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Blog Coverage
June 18, 2007 The New Markets Tax Credit: An Introduction
HR 2075 and S. 1239 propose to extend the NMTC through 2013. Both bills propose an additional allocation authority of $3.5 billion per year through 2013, indexed for inflation. This report will be updated as warranted by legislative ...
Source: Open CRS: Recent Reports
April 29, 2007 HR 2075, To amend the Internal Revenue Code of 1986 to extend the ...
HR 2075 would amend the Internal Revenue Code of 1986 to extend the new markets tax credit through 2013....








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