United States · Bill · S
S. 234 (118th)
New Markets Tax Credit Extension Act of 2023
Introduced
2 February 2023
Last action
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Status
Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held. With printed Hearing: S.Hrg. 118-555.
Sponsors
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Subjects
Discovery layer
Source updated
27 May 2026
Summary
New Markets Tax Credit Extension Act of 2023 This bill makes the new markets tax credit permanent. It also modifies the credit to (1) provide for an inflation adjustment to the limitation amount for the credit after 2023, and (2) allow an offset against the alternative minimum tax for the credit (determined with respect to qualified equity investments initially made after 2022).
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 2 February 2023
Introduced in Senate (PDF)
Introduced in Senate · EN · 2 February 2023
Introduced in Senate
summary · EN · 2 February 2023
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Sources
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- Official source: https://www.congress.gov/bill/118th-congress/senate-bill/234
- Open data entity: https://api.congress.gov/v3/bill/118/s/234