Representatives Chabot (R-OH) and Stivers (R-OH) Collecting Signatures on NMTC Extension Letter

House Freshmen Republicans Reps. Stivers (R-OH) and Chabot (R-OH) are inviting other House Republican Freshmen to sign on to a letter addressed to the House leadership that calls for extension of New Markets Tax Credit. The letter does not specify a dollar amount for credit authority but does request an extension at least through 2012. […]

Toolkit for In-District Advocacy

When it comes to influencing Congress, the most successful advocates are those who have made a conscious decision to build and sustain strong personal relationships with their Senators and Representatives. That process works best when it starts at home. By taking advantage of the times when your Senators and Representatives are at home, you can […]

Highlights from Hearing on Tax Extenders

Below is a highlight reel from the last Friday’s House Ways and Means Committee, Select Revenue Subcommittee hearing on the tax extenders. The hearing was the second in a series focused expiring or expired tax credits or preferences. As with the Subcommittee hearing on April 26, 2012, there was strong support for NMTC. In fact, […]

The Top Ten Things You Should Know about the New Markets Tax Credit

Between 2003 and 2012, investments in NMTC businesses totaled $63 billion, of which 50% was generated from sources other than NMTC direct investments; Between 2003 and 2012, NMTC investments generated 750,000 jobs; Between 2003 and 2012, NMTC investments generated over 120 million square feet of manufacturing, retail, and community space in low income communities; Between […]

Highlights from Select Revenue Hearing on Tax Extenders

Reps. Pat Tiberi (R-OH), Jim Gerlach (R-PA), Erik Paulsen (R-MN), Richard Neal (D-MA), Jim Costa (D-CA), and John Larson (D-CT) urged extension of the New Markets Tax Credit At the behest of Reps. Pat Tiberi (R-OH) and Richard Neal (D-MA), the House Select Revenue Subcommittee of Ways and Means held a Members hearing on Thursday, […]