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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 Northern Mariana Islands, Guam, Puerto Rico, and the Virgin Islands.

Introduced: April 9, 2008 See on congress.gov
 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
 Plain-English summary Congressional Research Service

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 April 9, 2008

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1