US Congress House Bill 3735 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on December 12 2013 - 25% progression, died in committee
Action: 2013-12-12 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

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.

Manufacturing Communities Investment Act

Rep. John Carney [D-DE]

Rep. Steve Stivers [R-OH]

Date	Chamber	Action
2013-12-12	House	Referred to the House Committee on Ways and Means.

SB1896 (Same As) 2014-01-07 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/house-bill/3735/all-info
Text	https://www.congress.gov/113/bills/hr3735/BILLS-113hr3735ih.pdf