HR 3957 · 109th Congress · Taxation

New Markets Tax Credit Reauthorization Act of 2005

Introduced 2005-09-29· Sponsored by Rep. Lewis, Ron [R-KY-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2005-09-29)

Plain Language Summary

[AI summary unavailable — showing source text] New Markets Tax Credit Reauthorization Act of 2005 - Amends the Internal Revenue Code to extend the new markets tax credit limitation amount of $3.5 million through calendar year 2012 and to adjust such amount for inflation for taxable years beginning after 2008.…

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

Cosponsors (20)

13 Democrats7 Republicans
Rep. Rangel, Charles B. [D-NY-15]NY
Rep. English, Phil [R-PA-3]PA
Rep. Jefferson, William J. [D-LA-2]LA
Rep. Johnson, Nancy L. [R-CT-5]CT
Rep. Hayworth, J. D. [R-AZ-5]AZ
Rep. Weller, Jerry [R-IL-11]IL
Rep. Becerra, Xavier [D-CA-31]CA
Rep. Dicks, Norman D. [D-WA-6]WA
Rep. Green, Mark [R-WI-8]WI
Rep. McHugh, John M. [R-NY-23]NY
Rep. Baca, Joe [D-CA-43]CA
Rep. Michaud, Michael H. [D-ME-2]ME
Rep. Ford, Harold E., Jr. [D-TN-9]TN
Rep. Marshall, Jim [D-GA-3]GA
Rep. Napolitano, Grace F. [D-CA-38]CA
Rep. Brown, Sherrod [D-OH-13]OH
Rep. Rogers, Harold [R-KY-5]KY
Rep. Frank, Barney [D-MA-4]MA
Rep. Emanuel, Rahm [D-IL-5]IL
Rep. Davis, Danny K. [D-IL-7]IL