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HR 3439 113th Congress House Taxation Business investment and capital Economic development Income tax credits Military facilities and property

NMTC Military Installation Act

Introduced: October 30, 2013 Introduced by: Thompson, Mike Democratic · California See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 30, 2013
Referred to the House Committee on Ways and Means.
Oct 30, 2013
Introduced in House
 Plain-English summary Congressional Research Service

New Markets Tax Credit Military Installation Act of 2013 or the NMTC Military Installation Act - Amends the Internal Revenue Code, with respect to the new markets tax credit, to direct the Secretary of the Treasury to allocate in 2014 and thereafter funds in the limitation amount for such credit among qualified community development entities to make qualified low-income community investments within the former boundaries of military installations realigned or closed due to a base closure law.

What's happening now October 30, 2013

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1