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United States · Bill · S

S. 1896 (113th)

Manufacturing Communities Investment Act

referredUnited States· United States Congress· EN

Introduced

7 January 2014

Last action

7 January 2014 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Brown, Sherrod [D-OH], Sen. King, Angus S., Jr. [I-ME], Sen. Merkley, Jeff [D-OR], Sen. Klobuchar, Amy [D-MN], Sen. Walsh, John E. [D-MT]

Subjects

Taxation

Source updated

3 December 2025

Taxation

Summary

Manufacturing Communities Investment Act - Amends the Internal Revenue Code, with respect to the new markets tax credit, to: (1) increase to $5 billion and extend through 2016 the national limitation amount for such credit, and (2) allow an additional $1 billion allocation of such credit in 2014, 2015, and 2016, for a qualified community development entity only if a significant mission of such entity is providing investments and services to manufacturing businesses in communities that have suffered major manufacturing job losses or a major job loss event.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 7 January 2014

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 7 January 2014

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 7 January 2014

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 7 January 2014

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 7 January 2014

    Open at official source

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Sponsors

Related records

Sources

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