US HB1098 | 2017-2018 | 115th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 15 2017 - 25% progression, died in chamber
Action: 2018-01-30 - ASSUMING FIRST SPONSORSHIP - Mr. Reed asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 1098, a bill originally introduced by Representative Tiberi, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 15 2017 - 25% progression, died in chamber
Action: 2018-01-30 - ASSUMING FIRST SPONSORSHIP - Mr. Reed asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 1098, a bill originally introduced by Representative Tiberi, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
Text: Latest bill text (Introduced) [PDF]
Summary
New Markets Tax Credit Extension Act of 2017 This bill 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 2016, and (3) allow an offset against the alternative minimum tax for such credit (determined with respect to qualified equity investments initially made after 2016).
Title
New Markets Tax Credit Extension Act of 2017
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2018-01-30 | House | ASSUMING FIRST SPONSORSHIP - Mr. Reed asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 1098, a bill originally introduced by Representative Tiberi, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection. |
| 2017-02-15 | House | Referred to the House Committee on Ways and Means. |
| 2017-02-15 | House | Introduced in House |
Same As/Similar To
SB384 (Same As) 2017-02-15 - 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/115th-congress/house-bill/1098/all-info |
| Text | https://www.congress.gov/115/bills/hr1098/BILLS-115hr1098ih.pdf |
