A Nod Toward Permanency: Senators Introduce Bill to Extend New Markets Tax Credit Program Indefinitely

On June 11, U.S. Sens. Jay Rockefeller (D-W.Va.) and Roy Blount (R-Mo.) introduced legislation (S. 1133) that would make the federal new markets tax credit (NMTC) program permanent and permit new markets tax credits to offset federal alternative minimum tax liability. Original co-sponsors of the measure, which was referred to the Senate Finance Committee, include … Continue reading A Nod Toward Permanency: Senators Introduce Bill to Extend New Markets Tax Credit Program Indefinitely