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HR 3809 113th Congress House Taxation Business investment and capital Income tax credits Urban and suburban affairs and development

To amend the Internal Revenue Code of 1986 to treat certain population census tracts for which information is not available as low-income communities for purposes of the new markets tax credit.

Introduced: December 26, 2013 Introduced by: Costa, Jim 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
Dec 26, 2013
Referred to the House Committee on Ways and Means.
Dec 26, 2013
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code, with respect to eligibility for the new markets tax credit, to treat a population census tract for which the Secretary of the Treasury determines there is insufficient information to determine whether such tract is a low-income community as such a community if: (1) such tract is adjacent to two or more low-income communities, and (2) the Secretary does not have information indicating such tract is not a low-income community.

What's happening now December 26, 2013

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1