Administration Proposes Extension Of Credit Exchange, NMTC Programs

摘要

The Obama Administration is seeking a one-year extension of the low-income housing tax credit exchange program and a two-year extension of the New Markets tax credit (NMTC) program as part of the tax proposals submitted with the fiscal 2011 budget.rnA draft Senate jobs bill released by Senate Finance Committee Chairman Max Baucus (D-Mont.) and ranking member Charles Grassley (R-Iowa) includes similar provisions.