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
Ann Wagner (R-MO02)
Angie Craig (D-MN02)
Jim McGovern (D-MA02)
Jackie Walorski (R-IN02)
Robin Kelly (D-IL02)
Neal Dunn (R-FL02)
Suzan DelBene (D-WA01)
Brian Fitzpatrick (R-PA01)
Suzanne Bonamici (D-OR01)
Chellie Pingree (D-ME01)
John Larson (D-CT01)
Eleanor Norton (D-DC00)
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)