Reps. Reed, Sewell Introduce Legislation to Expand New Markets Tax Credit to Spur Economic Investment
December 16, 2020
December 16, 2020
WASHINGTON, Dec. 16 -- Rep. Tom Reed, R-New York, issued the following news release:
Yesterday, U.S. Reps. Tom Reed (NY-23) and Terri Sewell (AL-07) introduced the New Markets Stabilization Act, bipartisan legislation that will preserve access to the New Markets Tax Credit (NMTC) for underserved communities and ensure the credit continues to spur economic revitalization as the COVID-19 pandemic and economic crisis continues.
"COVID-19 has impacted every corner of o . . .
Yesterday, U.S. Reps. Tom Reed (NY-23) and Terri Sewell (AL-07) introduced the New Markets Stabilization Act, bipartisan legislation that will preserve access to the New Markets Tax Credit (NMTC) for underserved communities and ensure the credit continues to spur economic revitalization as the COVID-19 pandemic and economic crisis continues.
"COVID-19 has impacted every corner of o . . .