US HB855 | 2015-2016 | 114th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 10 2015 - 25% progression, died in committee
Action: 2015-02-10 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 10 2015 - 25% progression, died in committee
Action: 2015-02-10 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
New Markets Tax Credit Extension Act of 2015 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 2014, and (3) allow an offset against the alternative minimum tax for such credit (determined with respect to qualified equity investments initially made after the enactment of this Act).
Title
New Markets Tax Credit Extension Act of 2015
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2015-02-10 | House | Referred to the House Committee on Ways and Means. |
| 2015-02-10 | House | Introduced in House |
Same As/Similar To
SB591 (Related) 2015-02-26 - Read twice and referred to the Committee on Finance.
Subjects
Business investment and capital
Economic development
Financial services and investments
Income tax credits
Inflation and prices
Taxation
Economic development
Financial services and investments
Income tax credits
Inflation and prices
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/house-bill/855/all-info |
| Text | https://www.congress.gov/114/bills/hr855/BILLS-114hr855ih.pdf |
