New Markets Tax Credit Extension Act of 2025
Taxation119-hr1103 — New Markets Tax Credit Extension Act of 2025. Sponsored by Rep. Tenney, Claudia [R-NY-24]. Introduced 2025-02-06. House bill. 119th Congress.
New Markets Tax Credit Extension Act of 2025
Timeline
- Sponsor
- Rep. Tenney, Claudia [R-NY-24] (R), NY
- Cosponsors
- Mike Kelly (R-PA), Terri A. Sewell (D-AL), Danny K. Davis (D-IL), Gwen Moore (D-WI), Beth Van Duyne (R-TX), Linda T. Sánchez (D-CA) and 48 more
- Introduced
- 2025-02-06
- Committees
- Ways and Means Committee
Bill Activity
How a Bill Becomes a Law
The typical path from introduction to law. Every bill's actual journey (above) may skip steps or stop early — most never make it past committee.
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1Introduced
A member files the bill in the House or Senate.
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2Committee Review
Referred to committee for hearings, markup, and a vote to advance it.
This bill is here -
3Floor Vote
The full chamber debates and votes on passage.
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4Second Chamber
If passed, it repeats committee review and a floor vote in the other chamber.
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5Resolve Differences
If the chambers pass different versions, a conference reconciles them.
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6Sent to President
The reconciled bill is enrolled and delivered to the White House.
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7Signed or Vetoed
Becomes law with a signature, or automatically after 10 days.
✓ Becomes Law ✗ Vetoed
A veto can still be overridden by a two-thirds vote in both chambers. And once a bill is signed into law, further changes come from new amending legislation — not edits to the original text.
Similar Bills
- 111-hr2628 — New Markets Tax Credit Extension Act of 2009 91% match 111th Congress
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- 111-s1584 — Employment Non-Discrimination Act of 2009 80% match 111th Congress
- 110-s997 — Stem Cell Research Enhancement Act of 2007 79% match 110th Congress
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