HR 855 · 114th Congress · Taxation

New Markets Tax Credit Extension Act of 2015

Introduced 2015-02-10· Sponsored by Rep. Tiberi, Patrick J. [R-OH-12]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2015-02-10)

Plain Language Summary

[AI summary unavailable — showing source text] 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).…

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

Cosponsors (20)

12 Democrats8 Republicans
Rep. Neal, Richard E. [D-MA-1]MA
Rep. Reed, Tom [R-NY-23]NY
Rep. Boustany, Charles W., Jr. [R-LA-3]LA
Rep. Blumenauer, Earl [D-OR-3]OR
Rep. Paulsen, Erik [R-MN-3]MN
Rep. Rangel, Charles B. [D-NY-13]NY
Rep. Renacci, James B. [R-OH-16]OH
Rep. McDermott, Jim [D-WA-7]WA
Rep. Joyce, David P. [R-OH-14]OH
Rep. Thompson, Mike [D-CA-5]CA
Rep. Stivers, Steve [R-OH-15]OH
Rep. Davis, Danny K. [D-IL-7]IL
Rep. Kind, Ron [D-WI-3]WI
Rep. Cartwright, Matt [D-PA-17]PA
Rep. Larson, John B. [D-CT-1]CT
Rep. Harper, Gregg [R-MS-3]MS
Rep. Peterson, Collin C. [D-MN-7]MN
Rep. Kilmer, Derek [D-WA-6]WA
Rep. Sinema, Kyrsten [D-AZ-9]AZ
Rep. Turner, Michael R. [R-OH-10]OH