S. 1800 · 109th Congress

New Markets Tax Credit Reauthorization Act of 2005

Stage
In committee
Introduced
2005-09-29
Latest action
2005-09-29 · Introduced in Senate

Summary

New Markets Tax Credit Reauthorization Act of 2005 - Amends the Internal Revenue Code to extend the new markets tax credit limitation amount of $3.5 million through calendar year 2012 and to adjust such amount for inflation for taxable years beginning after 2008.