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New Markets Tax Credit Resource Center

2023-2024 NMTC Legislation

Federal Legislation

Introduced Federal Legislation

S. 1455, Rural Jobs Act
Introduced May 4, 2023

S. 234, New Markets Tax Credit Extension Act of 2023
Introduced Feb. 2, 2023

State Legislation

Enacted State Legislation

Florida H.B. 5, Providing for a type two transfer of the duties and functions of Enterprise Florida, Inc., to the Department of Commerce
Enacted May 31, 2023

Introduced State Legislation

Louisiana H.B. 510, Provides relative to tax credits and equity investments allocated pursuant to the La. New Markets Jobs Act
Introduced March 31, 2023

Nevada S.B. 240, Revises provisions relating to the Nevada New Markets Jobs Act
Introduced March 9, 2023

Minnesota H.B. 1528, New markets tax credit proposed, administration of credit provided, and disclosure of information allowed
Introduced Feb. 9, 2023

Indiana H.B. 1455, New Markets Tax Credit
Introduced Jan. 17, 2023

West Virginia S.B. 95, West Virginia New Markets Jobs Act
Introduced Jan. 11, 2023

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Notes from Novogradac

How to Set CDEs up for NMTC Compliance Reporting Success
Tuesday, May 2, 2023
Novogradac Mourns Bob Ibanez
Friday, April 21, 2023
While Demand for the NMTC Remains Robust, the Number of Applicants Continues Slight Downturn
Tuesday, March 21, 2023
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Podcast Episodes

June 6, 2023: What's Next for Tax Incentives: Legislative Update on LIHTCs, NMTCs, HTCs, OZs and More
Posted on June 6, 2023
May 30, 2023: Financing For-Sale Housing in Distressed Communities: NMTCs and Beyond
Posted on May 30, 2023
May 23, 2023: What You Need to Know About 2023 Income Limits
Posted on May 23, 2023
View More >>

Journal of Tax Credits Articles

Highlights of the December 2022 CDFI Fund NMTC Compliance Guidance
20 Years Since First NMTC Allocations: Two Decades of Success, Lessons
NMTCs Help New Facility for Minnesota’s Climate by Design Skate into Existence
View More >>

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