S. 479: New Markets Tax Credit Extension Act of 2025

S. 479 is a federal bill in the 119th Congress. Before this bill, the New Markets Tax Credit program, which encourages private businesses to invest in low income communities, was scheduled to expire. If Congress had done nothing, investors would no longer have been able to claim this specific tax… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.