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S 1583 111th Congress Senate Taxation Business investment and capital Economic development Financial services and investments Income tax credits Inflation and prices

New Markets Tax Credit Extension Act of 2009

Introduced: August 5, 2009 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 5, 2009
Read twice and referred to the Committee on Finance.
Aug 5, 2009
Introduced in Senate
 Plain-English summary Congressional Research Service

New Markets Tax Credit Extension Act of 2009 - Amends the Internal Revenue Code to: (1) extend the new markets tax credit through 2014; (2) provide for an inflation adjustment to the limitation amount for such credit after 2009; and (3) allow an offset against the alternative minimum tax (AMT) for such credit.

What's happening now August 5, 2009

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1