Bill Sponsor
House Bill 1098
115th Congress(2017-2018)
New Markets Tax Credit Extension Act of 2017
Introduced
Introduced
Introduced in House on Feb 15, 2017
Overview
Text
Sponsor
Introduced
Feb 15, 2017
Latest Action
Jan 30, 2018
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1098
Congress
115
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
Sponsorship by Party
Republican
Ohio
Republican
Alaska
Republican
California
Democrat
California
Democrat
California
Democrat
California
Democrat
California
Democrat
California
Democrat
California
Democrat
California
Democrat
Connecticut
Democrat
Connecticut
Democrat
District of Columbia
Republican
Florida
Republican
Florida
Republican
Florida
Republican
Illinois
Republican
Illinois
Republican
Kentucky
Republican
Kentucky
Democrat
Kentucky
Republican
Louisiana
Republican
Louisiana
Democrat
Massachusetts
Democrat
Massachusetts
Democrat
Massachusetts
Democrat
Michigan
Republican
Michigan
Republican
Minnesota
Democrat
Minnesota
Democrat
Minnesota
Republican
Mississippi
Republican
Mississippi
Republican
Missouri
Republican
Missouri
Republican
Missouri
Democrat
New Hampshire
Democrat
New Hampshire
Democrat
New Jersey
Democrat
New Jersey
Republican
New York
Republican
New York
Democrat
North Carolina
Republican
North Carolina
Democrat
Northern Mariana Islands
Republican
Pennsylvania
Democrat
Pennsylvania
Democrat
Pennsylvania
Republican
Pennsylvania
Republican
Pennsylvania
Democrat
Rhode Island
Democrat
Washington
Republican
West Virginia
Democrat
Wisconsin
Democrat
Wisconsin
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

New Markets Tax Credit Extension Act of 2017

This bill amends the Internal Revenue Code to: (1) make permanent the new markets tax credit, (2) provide for an inflation adjustment to the limitation amount for such credit after 2016, and (3) allow an offset against the alternative minimum tax for such credit (determined with respect to qualified equity investments initially made after 2016).

Text (1)
February 15, 2017
Actions (3)
01/30/2018
ASSUMING FIRST SPONSORSHIP - Mr. Reed asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 1098, a bill originally introduced by Representative Tiberi, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
02/15/2017
Referred to the House Committee on Ways and Means.
02/15/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:35:10 PM