2021-2022 NMTC Legislation
Federal Legislation
Introduced Federal Legislation
S. 4418, Community Development Investment Tax Credit Act of 2022
June 16, 2022
H.R. 5376, Build Back Better - Committee Print 117-18
Nov. 3, 2021
Comparison of Print 117-17 and 117-18
Rules Committee Build Back Better Page
JCX-45-21: Estimated Budget Effects of H.R. 5376, the "Build Back Better Act"
Title IV
Senate Amendments from Senate Banking, Housing & Urban Affairs Committee, Dec. 9, 2021
Title XII
Senate Amendments from Finance Committee, Dec. 11, 2021
H.R. 5376, Build Back Better - Committee Print 117-17
Oct. 28, 2021
H.R. 5176, Local Food Production Enhancement Act of 2021
Introduced Sep. 3, 2021
S. 2511, Revitalizing Downtowns Act
Introduced July 28, 2021
S. 1671, Rural Jobs Act
Introduced May 18, 2021
Providing Real Opportunities for Growth to Rising Entrepreneurs for Sustained Success (PROGRESS) Act
Introduced April 20, 2021
S. 456, New Markets Tax Credit Extension Act of 2021
Introduced Feb. 25, 2021
State NMTC Programs
Enacted State Legislation
Washington, D.C. B24-0798, New Markets Tax Credit Real Property Tax Exemption Amendment Act of 2022
Enacted Dec. 8, 2021
Nebraska L.B. 682, Change the New Markets Job Growth Investment Act
Enacted May 25, 2021
Mississippi H.B. 499, An Act To Amend Section 57-105-1, Mississippi Code Of 1972
Enacted March 17, 2021
Introduced State Legislation
Minnesota S.F. 3879, New markets tax credit program establishment and appropriation
Introduced March 9, 2022
Connecticut S.B. 382, An Act Concerning A Connecticut New Market Tax Credit Program
Introduced March 9, 2022
Connecticut S.B. 1108, To establish a Connecticut new markets tax credit program for calendar years 2022 and 2023
Introduced April 14, 2021
Louisiana H.B. 454, Reduces the amount of certain income tax exclusions, exemptions, deductions, and credits
Introduced April 2, 2021
California A.B. 1572, Establishing California New Markets Tax Credit
Introduced March 4, 2021
Tennessee H.B.1218, New Markets Development Act
Introduced Feb. 11, 2021
Mississippi H.B. 499, An Act To Amend Section 57-105-1, Mississippi Code Of 1972
Introduced Jan. 18, 2021
Mississippi S.B. 2830, Extend MDA's ability to allocate NMTC by one year
Introduced Jan. 18, 2021