HR 5742
110th Congress
House
Taxation
American Samoa
Caribbean area
Commerce
Community development
Corporation taxes
Corporations
Guam
Housing and Community Development
Income tax
Infrastructure
Northern Mariana Islands
Partnerships
Puerto Rico
Tax credits
Urban affairs
Virgin Islands
To amend the Internal Revenue Code of 1986 to extend eligibility under the new markets tax credit for community development entities created or organized in American Samoa, the Commonwealth of the…
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Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 9, 2008
Referred to the House Committee on Ways and Means.
Apr 9, 2008
Sponsor introductory remarks on measure. (CR E566)
Apr 9, 2008
Introduced in House
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Plain-English summary
Amends the Internal Revenue Code to qualify corporations and partnerships created or organized as community development entities in American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, Puerto Rico, or the Virgin Islands for the new markets tax credit.
What's happening now
Referred to the House Committee on Ways and Means.
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cosponsors
1
Cite this page
U.S. Congress. (2026). H.R. 5742: To amend the Internal Revenue Code of 1986 to extend eligibility under the new markets tax credit for community development entities created or organized in American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, Puerto Rico, and the Virgin Islands.. 110th Congress. Open America. https://openamerica.io/bill/110-HR-5742/
"H.R. 5742: To amend the Internal Revenue Code of 1986 to extend eligibility under the new markets tax credit for community development entities created or organized in American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, Puerto Rico, and the Virgin Islands.." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-5742/.
H.R. 5742, 110th Cong. (2026), https://openamerica.io/bill/110-HR-5742/.
[H.R. 5742: To amend the Internal Revenue Code of 1986 to extend eligibility under the new markets tax credit for community development entities created or organized in American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, Puerto Rico, and the Virgin Islands.](https://openamerica.io/bill/110-HR-5742/)