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S 1896 113th Congress Senate

Manufacturing Communities Investment Act

Official title: A bill to amend the Internal Revenue Code of 1986 to extend the new markets tax credit and provide designated allocations for areas impacted by a decline in manufacturing.

Introduced: January 15, 2014 See on congress.gov
Taxation Business investment and capitalHousing and community development fundingIncome tax creditsManufacturing
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This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) 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
Jan 7, 2014
Read twice and referred to the Committee on Finance.
Jan 7, 2014
Introduced in Senate
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 Latest action January 7, 2014

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service
Manufacturing Communities Investment Act - Amends the Internal Revenue Code, with respect to the new markets tax credit, to: (1) increase to $5 billion and extend through 2016 the national limitation amount for such credit, and (2) allow an additional $1 billion allocation of such credit in 2014, 2015, and 2016, for a qualified community development entity only if a significant mission of such entity is providing investments and services to manufacturing businesses in communities that have suffered major manufacturing job losses or a major job loss event.
 Related & companion bills 1
  • HR 3735 Identical bill Manufacturing Communities Investment Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 2 Independent 1
D
Klobuchar, Amy
Minnesota · Jan 28, 2014
 I
King, Angus S., Jr.
Maine · Jan 15, 2014
 D
Merkley, Jeff
Oregon · Jan 15, 2014
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1896: Manufacturing Communities Investment Act. 113th Congress. Open America. https://openamerica.io/bill/113-S-1896/
MLA
"S. 1896: Manufacturing Communities Investment Act." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-S-1896/.
Bluebook (legal)
S. 1896, 113th Cong. (2026), https://openamerica.io/bill/113-S-1896/.
Markdown link
[S. 1896: Manufacturing Communities Investment Act](https://openamerica.io/bill/113-S-1896/)
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