Pending House Tax Bill Includes NMTC Exemption from AMT, But Not Other Provisions from Extender Bill

摘要

An infrastructure tax bill awaiting House action when Congress returns (H.R. 5893) includes a New Markets tax credit (NMTC) exemption from the alternative minimum tax (AMT), but not the NMTC extension and other housing and development provisions which were previously part of a failed extender bill.