Pub. L. 116-260, div. EE, tit. I, subtit. B, sec. 112 (as amended)
NEW MARKETS TAX CREDIT.
SEC. 112. NEW MARKETS TAX CREDIT.
(a) In General.—Section 45D(f)(1)(H) is amended by striking “2020” and inserting “for each of calendar years 2020 through 2025”.
(b) Carryover of Unused Limitation.—Section 45D(f)(3) is amended by striking “2025” and inserting “2030”.
(c) [26 U.S.C. 45D note] Effective Date.—The amendments made by this section shall apply to calendar years beginning after December 31, 2020.
- Cross-references to the US Code
- 26 U.S.C. 45D note