HR 5718
112th Congress
House
To amend the Internal Revenue Code of 1986 to revise the new market tax credit rules for population census tracts with low populations.
Taxation
Business investment and capitalEconomic developmentFinancial services and investmentsIncome tax credits
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 10, 2012
Referred to the House Committee on Ways and Means.
May 10, 2012
Introduced in House
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Latest action
Referred to the House Committee on Ways and Means.
Plain-English summary
Amends the Internal Revenue Code, with respect to the new markets tax credit, to expand criteria for the designation of a census track with a population of less than 2,000 as a low-income community for purposes of such credit to include consideration of the poverty rate, median family income, or unemployment rate in such community.
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). H.R. 5718: To amend the Internal Revenue Code of 1986 to revise the new market tax credit rules for population census tracts with low populations.. 112th Congress. Open America. https://openamerica.io/bill/112-HR-5718/
"H.R. 5718: To amend the Internal Revenue Code of 1986 to revise the new market tax credit rules for population census tracts with low populations.." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-5718/.
H.R. 5718, 112th Cong. (2026), https://openamerica.io/bill/112-HR-5718/.
[H.R. 5718: To amend the Internal Revenue Code of 1986 to revise the new market tax credit rules for population census tracts with low populations.](https://openamerica.io/bill/112-HR-5718/)