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HR 3224 112th Congress House

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

Introduced: October 14, 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
Oct 14, 2011
Introduced in House
Oct 14, 2011
Referred to the House Committee on Ways and Means.
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 Latest action October 14, 2011

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

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 2655 Related bill New Markets Tax Credit Extension Act of 2011
  • 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
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APA
U.S. Congress. (2026). H.R. 3224: To amend the Internal Revenue Code of 1986 to extend the new markets tax credit through 2016, and for other purposes.. 112th Congress. Open America. https://openamerica.io/bill/112-HR-3224/
MLA
"H.R. 3224: To amend the Internal Revenue Code of 1986 to extend the new markets tax credit through 2016, and for other purposes.." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-3224/.
Bluebook (legal)
H.R. 3224, 112th Cong. (2026), https://openamerica.io/bill/112-HR-3224/.
Markdown link
[H.R. 3224: To amend the Internal Revenue Code of 1986 to extend the new markets tax credit through 2016, and for other purposes.](https://openamerica.io/bill/112-HR-3224/)
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