Round-up of recent NMTC scores

The Joint Committee on Taxation has scored several NMTC provisions over the past few weeks. Below is a roundup:

Provision10 year cost (millions $)
NMTC Extension Act of 2021 (permanence, AMT relief, inflation adjustment)¹-1,380
New set-aside for Indian Country ($175M a year starting in 2022, inflated in out-years)²-417
Four-year set-aside for Indian Country ($175M a year, 2022-2025)³-179
New set-aside for U.S. territories ($100M a year starting in 2022, inflated in out-years)²-129
Emergency allocations ($2B in 2022, $1B in 2021)⁴-936
NMTC Extension Act of 2021, Emergency Allocation²-2,316
  1. Source: JCT.
  2. Source: JCT.
  3. Source: JCT. Note: This provision was included in the Build Back Better legislation being considered by the House next week.
  4. This score is extrapolated using the score of NMTC permanence + emergency allocation (scored at $2.316 billion) minus the score of NMTC permanence (scored at $1.38 billion).
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