Thirty-four Members of the House Call for NMTC Extension During Lame Duck Session

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 […]

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 […]

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,, (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 […]