New Markets Tax Credit Extension Act of 2021
Legislative Progress
Introduced
February 25, 2021
Latest Action
February 25, 2021
Primary Sponsor
Benjamin L. CardinDemocratic(MD)
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
0pct
0d open
vs 5,357 other S bills in the 117th — cohort avg 38d
New Markets Tax Credit Extension Act of 2021 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 2021, and (2) allow an offset against the alternative minimum tax for the credit (determined with respect to qualified equity investments initially made after 2020).
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (12)
Read twice and referred to the Committee on Finance.
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
2024 · fourth_quarter · Taxation/Internal Revenue Code
Consolidated Appropriation Act, 2022, S.456/H.R. 1321, New Markets Tax Credit Extension Act of 2021. H.R.3684 - Infrastructure Investment and Jobs Act. H.R.5376- Build Back Better.
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · third_quarter · Taxation/Internal Revenue Code
Consolidated Appropriation Act, 2022, S.456/H.R. 1321, New Markets Tax Credit Extension Act of 2021. H.R.3684 - Infrastructure Investment and Jobs Act. H.R.5376- Build Back Better.
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · second_quarter · Taxation/Internal Revenue Code
Consolidated Appropriation Act, 2022, S.456/H.R. 1321, New Markets Tax Credit Extension Act of 2021. H.R.3684 - Infrastructure Investment and Jobs Act. H.R.5376- Build Back Better.
Client expense: Not reported · Firm income: $20,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · first_quarter · Taxation/Internal Revenue Code
Consolidated Appropriation Act, 2022, S.456/H.R. 1321, New Markets Tax Credit Extension Act of 2021. H.R.3684 - Infrastructure Investment and Jobs Act. H.R.5376- Build Back Better.
Client expense: Not reported · Firm income: $100,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2023 · fourth_quarter · Taxation/Internal Revenue Code
Consolidated Appropriation Act, 2022, S.456/H.R. 1321, New Markets Tax Credit Extension Act of 2021. H.R.3684 - Infrastructure Investment and Jobs Act. H.R.5376- Build Back Better.
Client expense: Not reported · Firm income: $94,500
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
| Democratic |
| MD |
| Christopher Murphy | Democratic | CT |
| Cindy Hyde-Smith | Republican | MS |
| Jeanne Shaheen | Democratic | NH |
| Jerry Moran | Republican | KS |
| John Boozman | Republican | AR |
| Jon Tester | Democratic | MT |
| Maria Cantwell | Democratic | WA |
| Mark R. Warner | Democratic | VA |
| Marsha Blackburn | Republican | TN |
| Michael F. Bennet | Democratic | CO |
| Patrick J. Leahy | Democratic | VT |
| Rob Portman | Republican | OH |
| Robert Menendez | Democratic | NJ |
| Robert P. Casey, Jr. | Democratic | PA |
| Roger F. Wicker | Republican | MS |
| Roy Blunt | Republican | MO |
| Shelley Moore Capito | Republican | WV |
| Sherrod Brown | Democratic | OH |
| Steve Daines | Republican | MT |
| Tammy Baldwin | Democratic | WI |
| Tim Scott | Republican | SC |
2023 · third_quarter · Taxation/Internal Revenue Code
Consolidated Appropriation Act, 2022, S.456/H.R. 1321, New Markets Tax Credit Extension Act of 2021. H.R.3684 - Infrastructure Investment and Jobs Act. H.R.5376- Build Back Better.
Client expense: Not reported · Firm income: $94,500
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2023 · second_quarter · Taxation/Internal Revenue Code
Consolidated Appropriation Act, 2022, S.456/H.R. 1321, New Markets Tax Credit Extension Act of 2021. H.R.3684 - Infrastructure Investment and Jobs Act. H.R.5376- Build Back Better.
Client expense: Not reported · Firm income: $94,500
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2023 · second_quarter · Taxation/Internal Revenue Code
Consolidated Appropriation Act, 2022, S.456/H.R. 1321, New Markets Tax Credit Extension Act of 2021. H.R.3684 - Infrastructure Investment and Jobs Act. H.R.5376- Build Back Better.
Client expense: Not reported · Firm income: $94,500
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2023 · first_quarter · Taxation/Internal Revenue Code
Consolidated Appropriation Act, 2022, S.456/H.R. 1321, New Markets Tax Credit Extension Act of 2021. H.R.3684 - Infrastructure Investment and Jobs Act. H.R.5376- Build Back Better.
Client expense: Not reported · Firm income: $94,500
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2023 · first_quarter · Taxation/Internal Revenue Code
Consolidated Appropriation Act, 2022, S.456/H.R. 1321, New Markets Tax Credit Extension Act of 2021. H.R.3684 - Infrastructure Investment and Jobs Act. H.R.5376- Build Back Better.
Client expense: Not reported · Firm income: $94,500
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2022 · fourth_quarter · Taxation/Internal Revenue Code
S.456/H.R. 1321 New Markets Tax Credit Extension Act of 2021 - 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 2018, and (2) allow an offset against the alternative minimum tax for the credit (determined with respect to qualified equity investments initially made after 2018).
Client expense: $10,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · fourth_quarter · Taxation/Internal Revenue Code
Consolidated Appropriations Act, 2022. S. 456/H.R. 1321, New Markets Tax Credit Extension Act of 2021. H.R.3684 - Infrastructure Investment and Jobs Act H.R.5376 - Build Back Better Act
Client expense: Not reported · Firm income: $92,216
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2022 · fourth_quarter · Taxation/Internal Revenue Code
S.456 New Markets Tax Credit Extension Act of 2021; H.R. 1321 New Markets Tax Credit Extension Act of 2021, H.R.2617, Consolidated Appropriations Act, 2023 (P.L. 117-328)
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · fourth_quarter · Accounting
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R. 2294 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S. 2266. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions in year-end legislation. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2021 (H.R. 1321/S. 456), and bills that would bring more NMTC investment to economically distressed areas. We share challenges encountered by community development projects related to the COVID-19 pandemic recovery and encourage the inclusions of NMTC provisions to aid in the economic recovery. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in year-end legislation.
Client expense: $21,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · fourth_quarter · Taxation/Internal Revenue Code
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R. 2294 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S. 2266. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions in year-end legislation. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2021 (H.R. 1321/S. 456), and bills that would bring more NMTC investment to economically distressed areas. We share challenges encountered by community development projects related to the COVID-19 pandemic recovery and encourage the inclusions of NMTC provisions to aid in the economic recovery. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in year-end legislation.
Client expense: $21,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · fourth_quarter · Urban Development/Municipalities
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R. 2294 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S. 2266. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions in year-end legislation. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2021 (H.R. 1321/S. 456), and bills that would bring more NMTC investment to economically distressed areas. We share challenges encountered by community development projects related to the COVID-19 pandemic recovery and encourage the inclusions of NMTC provisions to aid in the economic recovery. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in year-end legislation.
Client expense: $21,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · fourth_quarter · Economics/Economic Development
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R. 2294 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S. 2266. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions in year-end legislation. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2021 (H.R. 1321/S. 456), and bills that would bring more NMTC investment to economically distressed areas. We share challenges encountered by community development projects related to the COVID-19 pandemic recovery and encourage the inclusions of NMTC provisions to aid in the economic recovery. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in year-end legislation.
Client expense: $21,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · fourth_quarter · Taxation/Internal Revenue Code
Issues affecting the New Markets Tax Credit, including H.R. 1321 and S. 456 (New Markets Tax Credit Extension Act of 2021)
Client expense: Not reported · Firm income: $10,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · fourth_quarter · Taxation/Internal Revenue Code
H.R. 1321 - New Markets Tax Credit Extension Act of 2021 H.R. 2573 - Affordable Housing Credit Improvement Act H.R. 2143 - Neighborhood Homes Investment Act (NHIA) S. 456 - New Markets Tax Credit Extension Act of 2021 S. 1136 - Affordable Housing Credit Improvement Act S. 98 - Neighborhood Homes Investment Act (NHIA)
Client expense: $60,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · fourth_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs Act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR8256, HR 8255, HR 8257,HR 8262, HR 8295, HR 8294) HR 2436, LIFT America Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications Funding for local government infrastructure programs and projects Funding for local government grant programs FY 2023 Community Projects Funding requests HR 452, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735/S 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support
Client expense: Not reported · Firm income: $20,000
Government targets: Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE, Transportation, Dept of (DOT)
2022 · fourth_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR 8256, HR 8255, HR 8257, HR 8262, HR 8295, HR 8294) HR 2436, LIFT American Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications Funding for local government infrastructure programs and projects Funding for local government grant programs FY 2023 appropriations Community Projects requests HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735/S 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support
Client expense: Not reported · Firm income: $10,000
Government targets: Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE
2022 · fourth_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs Act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR 8256, HR 8255, HR 8257, HR 8262, HR 8295, HR 8294) HR 2436, LIFT American Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications Funding for local government infrastructure programs and projects Funding for local government grant programs Base closure and realignment issues FY 2023 appropriations Community Projects requests HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735/S 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support
Client expense: Not reported · Firm income: $10,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · fourth_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs Act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR 8256, HR 8255, HR 8257, HR 8262, HR 8295, HR 8294) HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, Support HR 2436, LIFT American Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications Funding for local government infrastructure programs and projects Funding for local government grant programs Local emergency management programs and projects FY 2023 appropriations Community Projects requests HR 2670/S 1244, The Civilian Climate Corps for Jobs and Justice Act, Support HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735/S 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support Austin Bergstrom International Airport expansion and operations S 4295/HR 2989, Financial Data Transparency Act, Monitor
Client expense: Not reported · Firm income: $20,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Transportation, Dept of (DOT), White House Office
2022 · fourth_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs Act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR 8256, HR 8255, HR 8257, HR 8262, HR 8295, HR 8294) HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, Support HR 2436, LIFT American Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications Funding for local government infrastructure programs and projects Funding for local government grant programs HR 1976/S 4204, Medicare for All Act, Support HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735/S 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support S 4295/HR 2989, Financial Data Transparency Act, Monitor
Client expense: Not reported · Firm income: $10,000
Government targets: Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE
2022 · fourth_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs Act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR 8256, HR 8255, HR 8257, HR 8262, HR 8295, HR 8294) HR 2436, LIFT American Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications Funding for local government infrastructure programs and projects, including RAISE Funding for local government grant programs, including the Choice Neighborhoods Program HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735/s 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support Choice Neighborhoods Grants
Client expense: Not reported · Firm income: $20,000
Government targets: HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, White House Office
2022 · fourth_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs Act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR 8256, HR 8255, HR 8257, HR 8262, HR 8295, HR 8294) HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, Support HR 2436, LIFT American Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications Funding for local government infrastructure programs and projects Funding for local government grant programs HR 1581, Build America's Libraries Act, Public library issues and funding Environmental remediation of Hensley Field (former Naval Air Station-Dallas) Dredging of White Rock Lake FY 2023 appropriations Community Projects requests HR 4526, City & State Diplomacy Act, Support HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735/S 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support HR 6287/S 1649, Homeless Children & Youth Act, Support S 3350, Helping Homeless & Foster Youth Achieve Act, Support HR 6613, Keeping School Meals Flexible Act, Support S 4295/HR 2989, Financial Data Transparency Act, Monitor HR 7776/S 4136, Water Resources Development Act, White Rock Lake
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Transportation, Dept of (DOT)
2022 · fourth_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR 8256, HR 8255, HR 8257, HR 8262, HR 8295, HR 8294) HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, Support HR 2436, LIFT American Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications Funding for local government infrastructure programs and projects Funding for local government grant programs FY 2023 appropriations Community Projects requests HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735, S 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support S 4295/HR 2989, Financial Data Transparency Act, Monitor Projects at Arlington Municipal Airport
Client expense: Not reported · Firm income: $20,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · fourth_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs Act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR 8256, HR 8255, HR 8257, HR 8262, HR 8295, HR 8238, HR 8294) HR 2436, LIFT America Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications, including FY 2022 RAISE application Funding for local government infrastructure programs and projects Funding for local government grant programs Base closure and realignment issues Community and economic development issues FY 2023 Community Project Funding request HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735/S 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support S 4295/HR 2989, Financial Data Transparency Act, Monitor
Client expense: Not reported · Firm income: $20,000
Government targets: Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE, Transportation, Dept of (DOT), White House Office
2022 · third_quarter · Taxation/Internal Revenue Code
S.456/H.R. 1321 New Markets Tax Credit Extension Act of 2021 - 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 2018, and (2) allow an offset against the alternative minimum tax for the credit (determined with respect to qualified equity investments initially made after 2018). S. 4418 Community Development Investment Tax Credit Act of 2022- This bill would create a new tax credit to support private investment into CDFIs.
Client expense: $10,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Taxation/Internal Revenue Code
Consolidated Appropriations Act, 2022. S. 456/H.R. 1321, New Markets Tax Credit Extension Act of 2021. H.R.3684 - Infrastructure Investment and Jobs Act H.R.5376 - Build Back Better Act
Client expense: Not reported · Firm income: $92,216
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2022 · third_quarter · Taxation/Internal Revenue Code
Permanency of New Markets Tax Credit Program, H.R. 1321, S. 456; H.R. 3538, S. 2028, The Rural Jobs Act; H.R. 1680; S. 750.
Client expense: Not reported · Firm income: $100,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2022 · third_quarter · Taxation/Internal Revenue Code
S.456 New Markets Tax Credit Extension Act of 2021; H.R. 1321 New Markets Tax Credit Extension Act of 2021
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs Act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR 8256, HR 8255, HR 8257, HR 8262, HR 8295, HR 8294) HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, Support HR 2436, LIFT American Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications Funding for local government infrastructure programs and projects Funding for local government grant programs HR 1976/S 4204, Medicare for All Act, Support HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735/S 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support S 4295/HR 2989, Financial Data Transparency Act, Monitor
Client expense: Not reported · Firm income: $10,000
Government targets: Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs Act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR 8256, HR 8255, HR 8257, HR 8262, HR 8295, HR 8294) HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, Support HR 2436, LIFT American Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications Funding for local government infrastructure programs and projects Funding for local government grant programs HR 1581, Build America's Libraries Act, Public library issues and funding Environmental remediation of Hensley Field (former Naval Air Station-Dallas) Dredging of White Rock Lake FY 2023 appropriations Community Projects requests HR 4526, City & State Diplomacy Act, Support HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735/S 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support HR 6287/S 1649, Homeless Children & Youth Act, Support S 3350, Helping Homeless & Foster Youth Achieve Act, Support HR 6613, Keeping School Meals Flexible Act, Support S 4295/HR 2989, Financial Data Transparency Act, Monitor HR 7776/S 4136, Water Resources Development Act, White Rock Lake
Client expense: Not reported · Firm income: $40,000
Government targets: Army, Dept of (Corps of Engineers), HOUSE OF REPRESENTATIVES, SENATE, Transportation, Dept of (DOT), White House Office
2022 · third_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs Act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR 8256, HR 8255, HR 8257, HR 8262, HR 8295, HR 8294) HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, Support HR 2436, LIFT American Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications Funding for local government infrastructure programs and projects Funding for local government grant programs Local emergency management programs and projects FY 2023 appropriations Community Projects requests HR 2670/S 1244, The Civilian Climate Corps for Jobs and Justice Act, Support HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735/S 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support Austin Bergstrom International Airport expansion and operations S 4295/HR 2989, Financial Data Transparency Act, Monitor
Client expense: Not reported · Firm income: $20,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Transportation, Dept of (DOT), White House Office
2022 · third_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR 8256, HR 8255, HR 8257, HR 8262, HR 8295, HR 8294) HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, Support HR 2436, LIFT American Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications Funding for local government infrastructure programs and projects Funding for local government grant programs FY 2023 appropriations Community Projects requests HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735, S 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support S 4295/HR 2989, Financial Data Transparency Act, Monitor Projects at Arlington Municipal Airport
Client expense: Not reported · Firm income: $20,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs Act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR 8256, HR 8255, HR 8257, HR 8262, HR 8295, HR 8294) HR 2436, LIFT American Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications Funding for local government infrastructure programs and projects Funding for local government grant programs Base closure and realignment issues FY 2023 appropriations Community Projects requests HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735/S 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support
Client expense: Not reported · Firm income: $10,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR 8256, HR 8255, HR 8257, HR 8262, HR 8295, HR 8294) HR 2436, LIFT American Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications Funding for local government infrastructure programs and projects Funding for local government grant programs FY 2023 appropriations Community Projects requests HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735/S 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support
Client expense: Not reported · Firm income: $10,000
Government targets: Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR 8256, HR 8255, HR 8257, HR 8262, HR 8295, HR 8294) HR 2436, LIFT American Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications Funding for local government infrastructure programs and projects Funding for local government grant programs FY 2023 appropriations Community Projects requests HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735/S 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support
Client expense: Not reported · Firm income: $10,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs Act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR 8256, HR 8255, HR 8257, HR 8262, HR 8295, HR 8294) HR 2436, LIFT American Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications Funding for local government infrastructure programs and projects, including RAISE Funding for local government grant programs, including the Choice Neighborhoods Program HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735/s 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support
Client expense: Not reported · Firm income: $20,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs Act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR8256, HR 8255, HR 8257,HR 8262, HR 8295, HR 8294) HR 2436, LIFT America Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications Funding for local government infrastructure programs and projects Funding for local government grant programs FY 2023 Community Projects Funding requests HR 452, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735/S 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support
Client expense: Not reported · Firm income: $20,000
Government targets: Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE, Transportation, Dept of (DOT)
2022 · third_quarter · Urban Development/Municipalities
Implementation of the Infrastructure Investment and Jobs Act Implementation of the American Rescue Plan Act, including guidance for local government fiscal relief FY 2023 Appropriations, funding for local government programs and projects (HR 8256, HR 8255, HR 8257, HR 8262, HR 8295, HR 8238, HR 8294) HR 2436, LIFT America Act, Funding for local government infrastructure/Energy Efficiency & Conservation Block Grant, Brownfields, water HR 1512, CLEAN Future Act, Funding for local infrastructure/Energy Efficiency & Conservation Block Grant HR 2888, Investing in Our Communities Act, Support S 479, LOCAL Infrastructure Act, Support S 914 Drinking Water & Wastewater Infrastructure Act, Funding for local infrastructure Municipal Finance Issues HR 1321/S 456, New Markets Tax Credit Extension Act, Support Support for City grant applications, including FY 2022 RAISE application Funding for local government infrastructure programs and projects Funding for local government grant programs Base closure and realignment issues Community and economic development issues FY 2023 Community Project Funding request HR 425, To amend the Energy Independence and Security Act of 2007 to reauthorize the Energy Efficiency and Conservation Block Grant Program, and for other purposes, Support HR 5735/S 3011, State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act, Support S 4295/HR 2989, Financial Data Transparency Act, Monitor
Client expense: Not reported · Firm income: $20,000
Government targets: Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE, Transportation, Dept of (DOT), White House Office
2022 · third_quarter · Economics/Economic Development
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R. 2294 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S. 2266. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions in year-end legislation. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2021 (H.R. 1321/S. 456), and bills that would bring more NMTC investment to economically distressed areas. We share challenges encountered by community development projects related to the COVID-19 pandemic recovery and encourage the inclusions of NMTC provisions to aid in the economic recovery. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in year-end legislation.
Client expense: $23,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Accounting
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R. 2294 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S. 2266. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions in year-end legislation. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2021 (H.R. 1321/S. 456), and bills that would bring more NMTC investment to economically distressed areas. We share challenges encountered by community development projects related to the COVID-19 pandemic recovery and encourage the inclusions of NMTC provisions to aid in the economic recovery. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in year-end legislation.
Client expense: $23,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Urban Development/Municipalities
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R. 2294 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S. 2266. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions in year-end legislation. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2021 (H.R. 1321/S. 456), and bills that would bring more NMTC investment to economically distressed areas. We share challenges encountered by community development projects related to the COVID-19 pandemic recovery and encourage the inclusions of NMTC provisions to aid in the economic recovery. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in year-end legislation.
Client expense: $23,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Taxation/Internal Revenue Code
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R. 2294 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S. 2266. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions in year-end legislation. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2021 (H.R. 1321/S. 456), and bills that would bring more NMTC investment to economically distressed areas. We share challenges encountered by community development projects related to the COVID-19 pandemic recovery and encourage the inclusions of NMTC provisions to aid in the economic recovery. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in year-end legislation.
Client expense: $23,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Taxation/Internal Revenue Code
Issues affecting the New Markets Tax Credit, including H.R. 1321 and S. 456 (New Markets Tax Credit Extension Act of 2021)
Client expense: Not reported · Firm income: $10,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Taxation/Internal Revenue Code
H.R. 1321 - New Markets Tax Credit Extension Act of 2021 H.R. 2573 - Affordable Housing Credit Improvement Act H.R. 2143 - Neighborhood Homes Investment Act (NHIA) S. 456 - New Markets Tax Credit Extension Act of 2021 S. 1136 - Affordable Housing Credit Improvement Act S. 98 - Neighborhood Homes Investment Act (NHIA)
Client expense: $90,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · second_quarter · Taxation/Internal Revenue Code
S.456/H.R. 1321 New Markets Tax Credit Extension Act of 2021 - 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 2018, and (2) allow an offset against the alternative minimum tax for the credit (determined with respect to qualified equity investments initially made after 2018). S. 4418 Community Development Investment Tax Credit Act of 2022- This bill would create a new tax credit to support private investment into CDFIs.
Client expense: $20,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · second_quarter · Taxation/Internal Revenue Code
Permanency of New Markets Tax Credit Program, H.R. 1321, S. 456; H.R. 3538, S. 2028, The Rural Jobs Act; H.R. 1680; S. 750.
Client expense: Not reported · Firm income: $100,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of