S 384
115th Congress
Senate
Taxation
Business investment and capital
Economic development
Financial services and investments
Income tax credits
Inflation and prices
New Markets Tax Credit Extension Act of 2017
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 15, 2017
Read twice and referred to the Committee on Finance.
Feb 15, 2017
Introduced in Senate
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Plain-English summary
New Markets Tax Credit Extension Act of 2017
This bill amends the Internal Revenue Code to: (1) make permanent the new markets tax credit, (2) provide for an inflation adjustment to the limitation amount for such credit after 2016, and (3) allow an offset against the alternative minimum tax for such credit (determined with respect to qualified equity investments initially made after 2016).
What's happening now
Read twice and referred to the Committee on Finance.
Related & companion bills
1
Bill text
1 version
- Introduced in Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). S. 384: New Markets Tax Credit Extension Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-S-384/
"S. 384: New Markets Tax Credit Extension Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-384/.
S. 384, 115th Cong. (2026), https://openamerica.io/bill/115-S-384/.
[S. 384: New Markets Tax Credit Extension Act of 2017](https://openamerica.io/bill/115-S-384/)