New Markets Tax Credit:
Legislation - 2011
Enacted Legislation
Introduced Legislation
Allowance of NMTC Against AMT
H.R. 992 Building American Jobs Act of 2011
(March 10, 2011)
Disaster Relief
S. 1456, The Disaster Tax Relief Act of 2011
(August 1, 2011)
H.R. 2718 (S. 1456 companion bill)
(August 1, 2011)
New Markets Tax Credit Extension
H.R. 3224, New Markets Tax Credit Enhancement Act
October 14, 2011
Press Release: Congressman Higgins Introduces the New Markets Tax Credit Enhancement Act (October 21, 2011)
H.R. 2655, New Markets Tax Credit Extension Act of 2011
July 26, 2011
S. 996, New Markets Tax Credit Extension Act of 2011
May 12, 2011
Other Federal Legislation
State NMTC Programs
Oregon S.B. 817, Oregon Low Income Community Jobs Initiative
(Enacted August 5, 2011)
Connecticut S.B. 1216, to Align the Urban and Industrial Sites Reinvestment Program with the Federal NMTC Program
(Enacted July 8, 2011)
Maine L.D. 1043, New Markets Capital Investment Program
(Enacted June 20, 2011)
Louisiana S.B. 99, to Authorize Additional Funds for the State NMTC Program
(Introduced April 25, 2011)
New York S. 2810, 2011-2012 Budget
(Enacted March 31, 2011)
Massachusetts H.B. 760, Neighborhood Stabilization Tax Credit Program
(Introduced March 7, 2011)
Alaska H.B. 120, New Markets Tax Credit Assistance Guarantee and Loan Program
(Introduced January 24, 2011)
Alaska S.B. 66 (Companion Bill)
(Introduced January 24, 2011)
Hawaii S.B. 831, New Markets Tax Credit Program
(Introduced January 21, 2011)
Missouri S.B. 139, to Subject All State Tax Credits to Appropriations
(Introduced January 19, 2011)
Missouri S.B. 141, to Limit Campaign Contributors' Receipt of Tax Credits
(Introduced January 19, 2011)
Oregon S.B. 193, New Markets Development Program
(Introduced January 10, 2011)