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To amend the Internal Revenue Code of 1986 to extend eligibility under the new markets tax credit for community development entities created or organized in American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, Puerto Rico, and the Virgin Islands.

4/9/2008--Introduced.

Amends the Internal Revenue Code to qualify corporations and partnerships created or organized as community development entities in American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, Puerto Rico, or the Virgin Islands for the new markets tax credit.

Latest Actions
  • 04/09/2008 - Sponsor introductory remarks on measure. (CR E566)
  • 04/09/2008 - Referred to the House Committee on Ways and Means.
Bill Text
File name Last Updated
H.R.5742 Introduced in House04/13/2008