Rep. Neal Introduces Legislation to Permanently Extend NMTC

Last week, Rep. Richard E. Neal, D-Mass., introduced the Invest in United States Act of 2014. Among other things, H.R. 3939 would permanently extend the New Markets Tax Credit program, with an annual allocation amount of $5 billion, indexed for inflation. The bill has been referred to the House Committees on Ways and Means, Transportation and Infrastructure, and Education and the Workforce.

Tune in to the Feb. 11 Tax Credit Tuesday podcast  to hear more about this bill.