New Markets Tax Credit Extension Act of 2011

Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

JGR GerlachSponsor

86 cosponsors · 64 D, 22 R

EBD Blumenauer JLD Lewis JMD McDermott RND Neal CRD Rangel PTR Tiberi CDR Dent BMD McCollum CBR Boustany TCR Cole BHD Higgins BLD Lee MMD Michaud GND Napolitano CPD Pingree PSD Stark NTD Tsongas BGR Gibbs SLR LaTourette JLD Larson END Norton BPD Pascrell CPD Peterson EPR Paulsen JSD Serrano ASD Schwartz RAR Alexander SBD Bishop JBD Baca BCD Chandler KED Ellison TRD Ryan JSR Schmidt RBD Brady DBD Boren SCR Chabot MCD Capuano JCD Crowley BFD Frank MFD Fudge CMD Maloney PTD Tonko PWD Welch JYD Yarmuth EMD Markey JMD McGovern CGD Gonzalez DPD Price ASD Schiff ASR Schock GMD Moore CRD Richmond SSR Stivers MHD Heinrich MTR Turner MKD Kaptur SRD Rothman BJR Johnson JCD Costa DCD Cicilline CFD Fattah PMR Meehan BSD Sutton JOD Olver DYR Young MHD Honda EPD Pastor JCD Conyers SJD Jackson Lee BGR Guthrie LRD Roybal-Allard CGR Gibson ECD Cummings MHD Hinchey LKD Kissell RCD Carnahan ACR Crenshaw SDD Davis RHR Hanna RKD Kind ECD Cleaver RRR Ribble JCD Carney DRR Rehberg JPD Polis WOD Owens

6 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

New Markets Tax Credit Extension Act of 2011 - Amends the Internal Revenue Code to: (1) extend the new markets tax credit through 2016, (2) provide for an inflation adjustment to the limitation amount for such credit after 2012, and (3) allow an offset against the alternative minimum tax (AMT) for such credit (determined with respect to qualified equity…