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Legislation Would Increase NMTC Allocations to Disaster Areas

Tuesday, April 15, 2014 - 7:00AM

Last week, a bipartisan group of legislators introduced the National Disaster Tax Relief Act of 2014, which would provide a $500 million annual increase through 2016 in new markets tax credit allocations to federally declared disaster areas in 2012 or 2013. S. 2233 has been referred to the Senate Finance Committee.

Tune in to this afternoon’s Tax Credit Tuesday podcast to learn more about the bill.

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