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H.R. 5742

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to extend eligibility under the new markets tax credit for community development entities created or organized in American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, Puerto Rico, and the Virgin Islands.
About This Bill
Committee
Latest Action · April 9, 2008
Referred to the House Committee on Ways and Means.
Congress
110th (2007–2009)
Introduced
April 9, 2008
Cosponsors (6)
5D 1R
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Summary

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Amends the Internal Revenue Code to qualify corporations and partnerships created or organized as community development entities in American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, Puerto Rico, or the Virgin Islands for the new markets tax credit.

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