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S. 1583

BillFederalSenateIn Committee
New Markets Tax Credit Extension Act of 2009
About This Bill
Committee
Latest Action · August 5, 2009
Read twice and referred to the Committee on Finance.
Congress
111th (2009–2011)
Introduced
August 5, 2009
Cosponsors (13)
9D 4R
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Summary

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New Markets Tax Credit Extension Act of 2009 - Amends the Internal Revenue Code to: (1) extend the new markets tax credit through 2014; (2) provide for an inflation adjustment to the limitation amount for such credit after 2009; and (3) allow an offset against the alternative minimum tax (AMT) for such credit.

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