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Cardin, Daines Introduce Permanent Reauthorization For Tax Credit That Has Promoted Growth In Underserved Communities
February 03, 2023
WASHINGTON, Feb. 3 -- Sen. Benjamin Cardin, D-Maryland, issued the following news release on Feb. 2, 2023:

U.S. Senators Ben Cardin (D-Md.) and Steven Daines (R-Mont.), both members of the Senate Finance Committee, today introduced legislation that will permanently extend the New Markets Tax Credit (NMTC), which has created jobs and driven investment in economically distressed neighborhoods. The New Markets Tax Credit Extension Act will permanently authorize a federal tax credit for . . .

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