H.R. 3439 · 113th Congress
NMTC Military Installation Act
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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
4 cosponsors · 3 D, 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
New Markets Tax Credit Military Installation Act of 2013 or the NMTC Military Installation Act - Amends the Internal Revenue Code, with respect to the new markets tax credit, to direct the Secretary of the Treasury to allocate in 2014 and thereafter funds in the limitation amount for such credit among qualified community development entities to make…
What it does: CRS summary · Introduced in House · Oct 30, 2013
New Markets Tax Credit Military Installation Act of 2013 or the NMTC Military Installation Act - Amends the Internal Revenue Code, with respect to the new markets tax credit, to direct the Secretary of the Treasury to allocate in 2014 and thereafter funds in the limitation amount for such credit among qualified community development entities to make qualified low-income community investments within the former boundaries of military installations realigned or closed due to a base closure law.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: NMTC Military Installation Act
Also known as: New Markets Tax Credit Military Installation Act of 2013
Latest action (Oct 30, 2013): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Oct 30, 2013
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.