HR 3735 · 113th Congress 2013–2015, ended

Manufacturing Communities Investment Act

Introduced Dec 12, 2013 Originated House Sponsor John C. Carney, Jr. D-DE

Fact sheet

Latest action · Dec 12, 2013 Referred to the House Committee on Ways and Means.

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.

IntroducedDec 12, 2013
Passed HouseNot reached
Passed SenateNot reached
To the PresidentNot reached
Became lawNot reached

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.

Cosponsors 1

Members who signed on, in the order they did. All signed on Dec 12, 2013.

Seat	Cosponsor		Signed on
R-OH	Steve Stivers	Original	Dec 12, 2013

Actions 2

Everything that happened, newest first.

Dec 12, 2013Introduced in House
Dec 12, 2013Referred to the House Committee on Ways and Means.

Related bills 1

Companion bills and other measures the record links to this one.

Bill	Title	Relationship	Latest action
S 1896	Manufacturing Communities Investment Act	Identical bill	Jan 7, 2014

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

Dec 12, 2013Introduced in House

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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.