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HR 3957 109th Congress House Taxation Commerce Community development Cost of living adjustments Depressed areas Economics and Public Finance Finance and Financial Sector Housing and Community Development Income tax Indexing (Economic policy) Infrastructure Investments Tax credits Urban affairs

New Markets Tax Credit Reauthorization Act of 2005

Introduced: September 29, 2005 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 29, 2005
Referred to the House Committee on Ways and Means.
Sep 29, 2005
Introduced in House
 Plain-English summary Congressional Research Service

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.

What's happening now September 29, 2005

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1