New Markets Tax Credit Reauthorization Act of 2005
Latest action · Sep 29, 2005 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S10749)
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedSep 29, 2005
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
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.
Cosponsors 17
Members who signed on, in the order they did. Signatures ran from Sep 29, 2005 to Sep 6, 2006, with 2 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-KY | Jim Bunning | Original | Sep 29, 2005 |
| D-WV | John D. Rockefeller IV | Original | Sep 29, 2005 |
| R-NC | Richard Burr | Oct 24, 2005 | |
| D-CA | Barbara Boxer | Oct 27, 2005 | |
| D-AR | Mark L. Pryor | Nov 1, 2005 | |
| D-CT | Joseph I. Lieberman | Nov 8, 2005 | |
| R-GA | Johnny Isakson | Nov 9, 2005 | |
| D-OR | Ron Wyden | Dec 15, 2005 | |
| R-ME | Susan M. Collins | Dec 15, 2005 | |
| D-SD | Tim Johnson | Dec 15, 2005 | |
| R-NC | Elizabeth Dole | Dec 20, 2005 | |
| R-AK | Ted Stevens | Jan 25, 2006 | |
| D-IN | Evan Bayh | Jan 30, 2006 | |
| R-MN | Norm Coleman | Feb 13, 2006 | |
| D-MA | John F. Kerry | Apr 6, 2006 |
Actions 3
Everything that happened, newest first.
- Sep 29, 2005Introduced in Senate
- Sep 29, 2005Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S10749)
- Sep 29, 2005Sponsor introductory remarks on measure. (CR S10748-10749)
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 3957 | New Markets Tax Credit Reauthorization Act of 2005 | Related bill | Sep 29, 2005 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Sep 29, 2005Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.