HR 4594 · 108th Congress · Taxation

New Markets Tax Credit Enhancement Act of 2004

Introduced 2004-06-16· Sponsored by Rep. Jefferson, William J. [D-LA-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2004-06-16)

Plain Language Summary

[AI summary unavailable — showing source text] New Markets Tax Credit Enhancement Act of 2004 - Amends the Internal Revenue Code to: (1) increase for 2004 through 2007 the limitation on the investment amounts for the new markets tax credit; and (2) direct the Secretary of the Treasury to issue regulations for the designation of low-income communities for purposes of the tax credit.…

Summarized by Claude AI · Non-partisan · For informational purposes only