New Markets Tax Credit Extension Act of 2007
Latest action · Apr 26, 2007 Read twice and referred to the Committee on Finance.
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.
- IntroducedApr 26, 2007
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
New Markets Tax Credit Extension Act of 2007 - Amends the Internal Revenue Code to: (1) extend the new markets tax credit through 2013; and (2) provide for an inflation adjustment to the limitation amount for such credit after 2008.
Cosponsors 27
Members who signed on, in the order they did. Signatures ran from Apr 26, 2007 to Feb 7, 2008; 8 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NY | Charles E. Schumer | Original | Apr 26, 2007 |
| D-MI | Debbie Stabenow | Original | Apr 26, 2007 |
| R-NC | Elizabeth Dole | Original | Apr 26, 2007 |
| R-OR | Gordon H. Smith | Original | Apr 26, 2007 |
| D-NM | Jeff Bingaman | Original | Apr 26, 2007 |
| D-MA | John F. Kerry | Original | Apr 26, 2007 |
| R-ME | Olympia J. Snowe | Original | Apr 26, 2007 |
| D-OH | Sherrod Brown | Original | Apr 26, 2007 |
| D-LA | Mary L. Landrieu | May 8, 2007 | |
| R-MN | Norm Coleman | May 14, 2007 | |
| D-NY | Hillary Rodham Clinton | Jun 6, 2007 | |
| R-MS | Trent Lott | Jun 7, 2007 | |
| R-GA | Johnny Isakson | Jun 18, 2007 | |
| D-CO | Ken Salazar | Jun 21, 2007 | |
| R-NC | Richard Burr | Jun 29, 2007 | |
| I-CT | Joseph I. Lieberman | Jul 12, 2007 | |
| D-SD | Tim Johnson | Jul 26, 2007 | |
| D-WA | Maria Cantwell | Aug 2, 2007 | |
| R-OH | George V. Voinovich | Sep 5, 2007 | |
| R-FL | Mel Martinez | Sep 12, 2007 | |
| D-AR | Mark L. Pryor | Sep 18, 2007 | |
| D-MA | Edward M. Kennedy | Oct 1, 2007 | |
| D-CA | Barbara Boxer | Oct 3, 2007 | |
| R-NV | John Ensign | Oct 16, 2007 | |
| D-IL | Richard J. Durbin | Nov 6, 2007 | |
| D-OR | Ron Wyden | Dec 3, 2007 | |
| R-OK | James M. Inhofe | Feb 7, 2008 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Apr 26, 2007 |
Actions 2
Everything that happened, newest first.
- Apr 26, 2007Introduced in Senate
- Apr 26, 2007Read twice and referred to the Committee on Finance.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 2075 | New Markets Tax Credit Extension Act of 2007 | Identical bill | Apr 30, 2007 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend the Internal Revenue Code of 1986 to extend the new markets tax credit through 2013, and for other purposes.
- Short Titles as Introduced
- New Markets Tax Credit Extension Act of 2007
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Apr 26, 2007Introduced 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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
