Senate Finance Committee Passes Tax Extenders Bill

Thursday, April 3, 2014 - 7:00AM

The Senate Finance Committee today passed the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act by voice vote. The bill incorporates modifications released today by Chairman Ron Wyden, D-Ore., including a provision to claw back unused new markets tax credits (NMTCs) and use them to finance a Manufacturing Communities Tax Credit for investments in communities that have faced significant manufacturing job losses.

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