Legislation to Make the NMTC Permanent
The NMTC expires at the end of 2025. The bipartisan New Markets Tax Credit Extension Act of 2025 (S.479) was introduced in the Senate this February by Senators Daines (R-MT) and Warner (D-VA) and H.R. 1103 was introduced in the House by Reps. Tenney (R-NY) and Sewell (D-AL). Contact your Senators and Representatives and ask them to cosponsor S. 479/H.R. 1103.
The legislation would make the NMTC permanent, provide an inflation adjustment in out-years, and broaden the investor market by providing AMT relief to NMTC investors.
NMTC EXtension Act Fact Sheet
A fact sheet for House and Senate Extension Legislation
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