S. 1239 (110th): New Markets Tax Credit Extension Act of 2007

Introduced:
Apr 26, 2007 (110th Congress, 2007–2009)
Status:
Died (Referred to Committee)
See Instead:

H.R. 2075 (same title)
Referred to Committee — Apr 30, 2007

Sponsor
John “Jay” Rockefeller IV
Senator from West Virginia
Party
Democrat
Text
Read Text »
Last Updated
Apr 26, 2007
Length
3 pages
Related Bills
S. 1583 (111th) was a re-introduction of this bill in a later Congress.

Referred to Committee
Last Action: Aug 05, 2009

H.R. 2075 (identical)

Referred to Committee
Last Action: Apr 30, 2007

 
Status

This bill was introduced on April 26, 2007, in a previous session of Congress, but was not enacted.

Progress
Introduced Apr 26, 2007
Referred to Committee Apr 26, 2007
 
Full Title

A bill to amend the Internal Revenue Code of 1986 to extend the new markets tax credit through 2013, and for other purposes.

Summary

No summaries available.

Cosponsors
27 cosponsors (15D, 11R, 1I) (show)
Committees

Senate Finance

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.

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Notes

S. stands for Senate bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


4/26/2007--Introduced.
New Markets Tax Credit Extension Act of 2007 - Amends the Internal Revenue Code to: (1) extend the new markets tax credit through 2013; and (2) provide for an inflation adjustment to the limitation amount for such credit after 2008.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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