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H.R. 4594 · 108th Congress

New Markets Tax Credit Enhancement Act of 2004

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

No cosponsors.

New Markets Tax Credit Enhancement Act of 2004 - Amends the Internal Revenue Code to: (1) increase for 2004 through 2007 the limitation on the investment amounts for the new markets tax credit; and (2) direct the Secretary of the Treasury to issue regulations for the designation of low-income communities for purposes of the tax credit.

What it does: CRS summary · Introduced in House · Jun 16, 2004

New Markets Tax Credit Enhancement Act of 2004 - Amends the Internal Revenue Code to: (1) increase for 2004 through 2007 the limitation on the investment amounts for the new markets tax credit; and (2) direct the Secretary of the Treasury to issue regulations for the designation of low-income communities for purposes of the tax credit.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: New Markets Tax Credit Enhancement Act of 2004

Latest action (Jun 16, 2004): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: Jun 16, 2004

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.