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HR 2655 112th Congress House

New Markets Tax Credit Extension Act of 2011

Official title: To amend the Internal Revenue Code of 1986 to extend the new markets tax credit through 2016, and for other purposes.

Introduced: November 3, 2011 See on congress.gov
Taxation Business investment and capitalEconomic developmentFinancial services and investmentsIncome tax creditsInflation and prices
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 26, 2011
Referred to the House Committee on Ways and Means.
Jul 26, 2011
Introduced in House
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 Latest action July 26, 2011

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

New Markets Tax Credit Extension Act of 2011 - Amends the Internal Revenue Code to: (1) extend the new markets tax credit through 2016, (2) provide for an inflation adjustment to the limitation amount for such credit after 2012, and (3) allow an offset against the alternative minimum tax (AMT) for such credit (determined with respect to qualified equity investments made before January 1, 2017).

 Related & companion bills 2
  • HR 3224 Related bill To amend the Internal Revenue Code of 1986 to extend the new markets tax credit through 2016, and for other purposes.
  • S 996 Related bill New Markets Tax Credit Extension Act of 2011
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 48
All 48 Democratic 16 Republican 3
Polis, Jared
· Nov 14, 2012
REHBERG, DENNY
· Sep 10, 2012
 D
Cleaver, Emanuel
Missouri · Aug 1, 2012
CRENSHAW, ANDER
· Jul 19, 2012
Carnahan, Russ
· Jul 11, 2012
CUMMINGS, ELIJAH
· Jul 9, 2012
HINCHEY, MAURICE
· Jul 9, 2012
Kissell, Larry
· Jul 9, 2012
 R
Guthrie, Brett
Kentucky · Jun 27, 2012
PASTOR, ED
· Jun 12, 2012
OLVER, JOHN
· Jun 6, 2012
 D
Costa, Jim
California · Apr 24, 2012
Meehan, Patrick
· Apr 24, 2012
Sutton, Betty
· Apr 24, 2012
 D
Kaptur, Marcy
Ohio · Mar 19, 2012
ROTHMAN, STEVEN
· Mar 19, 2012
 D
Heinrich, Martin
New Mexico · Mar 6, 2012
 R
Turner, Michael R.
Ohio · Mar 6, 2012
 D
Moore, Gwen
Wisconsin · Dec 8, 2011
Richmond, Cedric
· Dec 8, 2011
GONZALEZ, CHARLES
· Nov 18, 2011
 D
Schiff, Adam B.
California · Nov 18, 2011
 D
Markey, Edward J.
Massachusetts · Nov 3, 2011
 D
McGovern, James P.
Massachusetts · Nov 3, 2011
Boren, Dan
· Nov 1, 2011
BRADY, ROBERT
· Nov 1, 2011
CAPUANO, MICHAEL
· Nov 1, 2011
CROWLEY, JOSEPH
· Nov 1, 2011
FRANK, BARNEY
· Nov 1, 2011
 D
Tonko, Paul
New York · Nov 1, 2011
 D
Welch, Peter
Vermont · Nov 1, 2011
Alexander, Rodney
· Oct 14, 2011
BACA, JOE
· Oct 14, 2011
 D
Bishop, Sanford D.
Georgia · Oct 14, 2011
Chandler, Ben
· Oct 14, 2011
Schmidt, Jean
· Oct 14, 2011
 D
Larson, John B.
Connecticut · Oct 6, 2011
LATOURETTE, STEVEN
· Oct 6, 2011
 D
Norton, Eleanor Holmes
District of Columbia · Oct 6, 2011
Paulsen, Erik
· Oct 6, 2011
PETERSON, COLLIN
· Oct 6, 2011
 R
Cole, Tom
Oklahoma · Sep 23, 2011
 D
Pingree, Chellie
Maine · Sep 23, 2011
Tsongas, Niki
· Sep 23, 2011
Dent, Charles
· Aug 26, 2011
 D
McCollum, Betty
Minnesota · Aug 26, 2011
 D
Neal, Richard E.
Massachusetts · Jul 26, 2011
TIBERI, PATRICK
· Jul 26, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2655: New Markets Tax Credit Extension Act of 2011. 112th Congress. Open America. https://openamerica.io/bill/112-HR-2655/
MLA
"H.R. 2655: New Markets Tax Credit Extension Act of 2011." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-2655/.
Bluebook (legal)
H.R. 2655, 112th Cong. (2026), https://openamerica.io/bill/112-HR-2655/.
Markdown link
[H.R. 2655: New Markets Tax Credit Extension Act of 2011](https://openamerica.io/bill/112-HR-2655/)
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