Today, in a letter to the Ways and Means Committee, a bipartisan group of thirty-four members of the House of Representatives called for a New Markets Tax Credit extension during the Lame Duck session. The off-committee letter, which was lead by Representatives Steve Stivers (R-OH) and Jose Serrano (D-NY), calls for a permanent extension of […]
NMTC Congressional Briefing
Members of Congress and Congressional Staff: Please join the NMTC Coalition for a Congressional Briefing: “New Markets Tax Credit: At Work in Communities Across America”. March 22, 2017, 12pm to 1pm, SVC-201, U.S. Capitol Visitor Center. RSVP to Beverly@rapoza.org Download the invitation
Some 2,000 Businesses, Banks and Nonprofits Call for New Markets Permanency
Businesses, investors and organizations sign letter urging Congress to make the community and economic development tax credit permanent Washington, D.C. –Today some 2,000 groups that have seen the New Markets Tax Credit at work in their communities sent a letter to Congress, calling on it to enact legislation that provides a permanent authorization and expansion […]
Updated Target Lists
The Coalition urges supporters of the NMTC to reach out to their members of Congress and urge them to make the NMTC a permanent part of the tax code. Bipartisan extension legislation will be introduced soon. Updated target lists are available on our advocacy page.
Bipartisan Push Underway to Permanently Extend Federal Tax Credit Encouraging Investment in Economically Disadvantaged Communities
Letter to House Ways and Means Leadership Calls for Permanent Extension of New Markets Tax Credit Program Washington, D.C. – House Republicans and Democrats are formally asking House Ways and Means Chairman Dave Camp (R-MI) and Ranking Member Sander Levin (D-MI) to take action to permanently extend the New Markets Tax Credit (NMTC), a federal […]
TAKE ACTION: Contact Your Senators Today!
Tell Your Senators to recommend a permanent extension of the New Markets Tax Credit as part of their comments to Senators Baucus and Hatch. Earlier this month, Senators Max Baucus (D-MT) and Orrin Hatch (R-UT), the Chairman and Ranking Member of the Senate Finance Committee, asked for comments and feedback from their Senate Colleagues regarding […]
Bipartisan Bill to Permanently Extend New Markets Tax Credit Introduced in Senate
The New Markets Tax Credit Act of 2013 Increases the Flow of Private Sector Capital to Urban and Rural Communities Contact: Bob Rapoza, bob@rapoza.org, (202) 393-5225 Download PDF version of Press Release Washington, D.C. (June 11, 2013) – Today, Senators Jay Rockefeller (D-W.Va.) and Roy Blunt (R-Mo.) introduced legislation to provide a permanent extension for the New […]
Senators Rockefeller (D-WV) and Blunt (R-MO) introduce NMTC extension legislation
THIS JUST IN. Senators Jay Rockefeller (D-WV) and Roy Blunt (R-MO) have introduced legislation that would indefinitely extend the NMTC. Read Senator Blunt’s press release below. —————————————— Senators Blunt, Rockefeller Introduce Legislation To Spur Investment, Jumpstart Job Creation In Low-Income Communities WASHINGTON, D.C. – U.S. Senators Roy Blunt (Mo.) and Jay Rockefeller (W.Va.) introduced a […]
Co-Sponsors
Click to find the latest House and Senate co-sponsors of The NMTC Extension Act of 2011
NMTC Coalition Launches Effort to Gain Support of QALICBs
The NMTC Coalition is now circulating a letter of support for the NMTC program
