2020 Extension Campaign: The New Markets Tax Credit Extension Act (H.R. 1680 and S. 750)
The New Markets Tax Credit, one of our most effective tools for community revitalization, expires at the end of 2020. Join the effort to extend the NMTC, preserving billions for manufacturing expansions, community health centers, and other important projects in America’s hardest hit communities by building support for the New Markets Tax Credit Extension Act which would make the NMTC permanent and increase the allocation amount.
H.R. 1680 (Sewell/Reed)
On Tuesday, March 12, 2019, Reps. Terri Sewell (D-AL) and Tom Reed (R-NY) introduced the NMTC Extension Act of 2019 along with 15 of their colleagues, all on the Ways and Means Committee.
S. 750 (Blunt/Cardin)
Senators Roy Blunt (R-MO) and Ben Cardin (D-MD) introduced the New Markets Tax Credit Extension Act of 2019. Senators Blunt and Cardin were joined by four original cosponsors.