The NMTC expires at the end of 2025. The bipartisan New Markets Tax Credit Extension Act of 2021 was introduced in the House and Senate this February. The legislation in both the House (H.R. 1321, introduced by Reps. Sewell D-AL and Reed R-NY) and Senate (S. 456, introduced by Sens. Cardin D-MD and Blunt R-MO) would make the program permanent. Contact your members of Congress and ask them to cosponsor.
Sewell/Reed: H.R. 1321
Bill Johnson (R-OH06)
Michael Waltz (R-FL06)
Jason Crow (D-CO06)
David Schweikert (R-AZ06)
Bob Latta (R-OH05)
Josh Gottheimer (D-NJ05)
Dan Kildee (D-MI05)
Gwen Moore (D-WI04)
Steven Horsford (D-NV04)
Betty McCollum (D-MN04)
Jim Baird (R-IN04)
John Rutherford (R-FL04)
Dwight Evans (D-PA03)
Earl Blumenauer (D-OR03)
Joyce Beatty (D-OH03)
Lori Trahan (D-MA03)
Drew Ferguson (R-GA03)
Steve Womack (R-AR03)
Brad Wenstrup (R-OH02)
Don Bacon (R-NE02)
Cardin/Blunt: S. 456
Mark Warner (D-VA)
Roy Blunt (R-MO)
Michael Bennet (D-CO)
Pat Leahy (D-VT)
Jeanne Shaheen (D-NH)
Chuck Schumer (D-NY)
Maria Cantwell (D-WA)
Bob Menendez (D-NJ)
Ben Cardin (D-MD)
Rob Portman (R-OH)
Tim Scott (R-SC)
Steve Daines (R-MT)
Bill Cassidy (R-LA)
Shelley Capito (R-WV)
Roger Wicker (R-MS)
Bob Casey (D-PA)
Chris Van Hollen (D-MD)
Catherine Cortez Masto (D-NV)
Cindy Hyde-Smith (R-MS)