Pub. L. 112-240, tit. III, sec. 305 (as amended)
EXTENSION OF NEW MARKETS TAX CREDIT.
SEC. 305. EXTENSION OF NEW MARKETS TAX CREDIT.
(a) In General.—Subparagraph (G) of section 45D(f)(1) is amended by striking “2010 and 2011” and inserting “2010, 2011, 2012, and 2013”.
(b) Carryover of Unused Limitation.—Paragraph (3) of section 45D(f) is amended by striking “2016” and inserting “2018”.
(c) [26 U.S.C. 45D note] Effective Date.—The amendments made by this section shall apply to calendar years beginning after December 31, 2011.
- Cross-references to the US Code
- 26 U.S.C. 45D note